MicroStrategy founder Michael Saylor has expressed strong support for President-elect Donald Trump’s proposal to establish a strategic Bitcoin reserve fund. Detailed in the policy "Digital Asset Framework" released on Friday, this proposal outlines a roadmap for the U.S. to drive growth in the digital asset industry, establish clear compliance standards, and ensure defined rights for cryptocurrency holders and companies.

Saylor states that the United States needs to lead the digital economy.

Saylor's framework emphasizes the importance of the United States leading the global digital economy through digital asset innovation.

He writes: "By establishing a clear classification, a legal framework based on rights, and practical compliance obligations, the United States can lead the global digital economy."

He further stated that such measures could unlock trillions of dollars in assets, empower millions of businesses, and secure the U.S. dollar's position as the foundation of the digital financial system.

As a long-time Bitcoin advocate, Saylor became prominent in 2020 when MicroStrategy began acquiring significant amounts of this cryptocurrency.

The company, primarily providing business intelligence software, currently holds an estimated $42.6 billion in Bitcoin, becoming the largest asset-holding company.

While Saylor is widely regarded as a Bitcoin maximalist, his framework extends beyond Bitcoin, proposing common standards for all digital assets.

He proposes creating a comprehensive classification to categorize digital assets, including "digital commodities" like Bitcoin, "digital securities" like equity or debt tokens, "digital currencies" backed by fiat money, and "utility tokens".

Non-fungible tokens (NFTs) and tokens linked to physical assets such as gold and oil are also classified separately.

Saylor's proposal calls for a robust framework of rights and responsibilities for issuers, exchanges, and other participants in the digital asset ecosystem.

This framework will ensure transparency, compliance with local laws, and accountability.

"No one has the right to lie, cheat, or steal. All participants must be held civilly and criminally accountable for their actions," he emphasized.

To encourage innovation, Saylor advocates limiting compliance costs for token issuance to 1% of the assets under management and reducing annual maintenance costs to no more than 10 basis points.

He argues that this approach could significantly reduce the cost of token issuance, from $10–100 million down to $10–100 thousand, and shorten the time to launch new digital assets from several years to a few minutes.

Saylor proposes a growing stablecoin market.

The focus of Saylor's vision is to position the U.S. dollar as the "global reserve digital currency."

He proposes growing the stablecoin market from the current $25 billion to $10 trillion, which would create significant demand for U.S. Treasury bonds and ensure the dominance of the dollar.

Saylor also supports the establishment of a strategic Bitcoin reserve fund, a policy backed by lawmakers like Senator Cynthia Lummis and President-elect Trump.

Although Saylor does not specify the size of the reserve, he suggests it could create asset volumes ranging from $16 to $81 trillion, potentially wiping out the $36 trillion national debt of the United States.

Trump has reaffirmed his commitment to retain 198,000 BTC acquired by the government through criminal seizures and has recently voiced support for Bitcoin reserves.

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