According to Deep Tide TechFlow, on December 21, MicroStrategy CEO Michael Saylor released a proposal (U.S. Digital Asset Framework, Principles, and Opportunities). The framework revolves around five core components aimed at strengthening the dollar's position, neutralizing national debt, and establishing the United States' global leadership in the digital economy of the 21st century.
The framework first proposes a classification system for digital assets, dividing them into six categories: non-issuer digital commodities supported by computing power (such as Bitcoin), issuer digital securities, digital currencies, digitally functional tokens, digital NFTs, and asset-backed digital tokens (such as gold and oil-backed tokens).
On a practical level, Saylor suggests limiting the compliance costs for asset issuance to within 1% of the managed asset size, with annual maintenance costs not exceeding 0.1%. He also proposes reducing issuance costs (from tens of millions to hundreds of thousands of dollars), thereby expanding the capital market access threshold from the current 4,000 publicly listed companies to 40 million enterprises.
In terms of development prospects, Saylor expects the digital currency market to expand from $25 billion to $10 trillion, the global digital capital market to grow from $2 trillion to $280 trillion, and the digital asset market (excluding Bitcoin) to potentially increase from $1 trillion to $590 trillion. He specifically recommends establishing a Bitcoin reserve, believing that this could create $16-81 trillion in wealth for the U.S. Treasury, providing a new way to offset national debt.
