Michael Saylor, co-founder and executive chairman of MicroStrategy, recently proposed a U.S. cryptocurrency framework, which includes recommendations for the United States to establish a strategic Bitcoin reserve, saying that this could create $16 to $81 trillion in wealth for the U.S. Treasury and offset the Selling national debt. (Previous summary: The Strongest Salesman) Micro-strategy Michael Saylor suggested that Amazon CEO Bezos buy $600 million in Bitcoin) (Background supplement: Michael Saylor: Trump really wants to build a Bitcoin reserve! He has communicated with the new government team (Multiple meetings) Michael Saylor, co-founder and executive chairman of MicroStrategy, a US listed company that dominates Bitcoin holdings, released a digital asset framework proposal for the United States on the 21st, including a plan to establish a Bitcoin reserve, emphasizing this move Can bring up to $81 trillion in wealth to the U.S. Treasury: A strategic digital asset policy that can strengthen the role of the dollar, offset the national debt, and make the United States a global leader in the 21st century digital economy, providing millions of businesses Provide support, drive growth and create trillions of dollars in value. A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy—empowering millions of businesses, driving growth, and creating trillions in value. https://t .co/7n7jQqPkf1 — Michael Saylor (@saylor) December 20, 2024 Based on this digital asset framework, Michael Saylor proposes the establishment of a strategic Bitcoin reserve, saying that this could create $16 to $81 trillion in wealth for the U.S. Treasury and provide Offsetting national debt provides a feasible path. The digital asset framework also divides digital assets into six major categories: Digital commodities (such as Bitcoin) Digital securities Digital currencies Digital tokens Non-fungible tokens (NFTs) Asset-backed tokens This framework aims to set clear roles for issuers, exchanges and holders, defining the rights and responsibilities of each type of participant, while emphasizing that no participant is allowed to "lie, cheat or steal". The framework also Propose a streamlined compliance approach and limit compliance costs to a maximum of 1% of assets under management for token issuance and 0 annual maintenance costs.1%. Michael Saylor emphasized that digital asset regulation must prioritize efficiency and innovation over friction and bureaucracy, advocating for industry-led compliance rather than direct supervision by regulatory agencies. He believes that the United States has the opportunity to catalyze the renaissance of the capital market in the 21st century. , unlocking trillions of dollars in value creation potential. The goals of the framework include reducing the cost of token issuance from millions of dollars to thousands of dollars, expanding market participation from 4,000 listed companies to 40 million enterprises, and emphasizing rapid asset issuance. The ultimate goal is to help the U.S. dollar become the global Digital reserve currency, while seeking to expand the size of the global digital capital market from US$2 trillion to US$280 trillion, making US investors the main beneficiaries. MicroStrategy is expected to become a constituent stock of the S&P 500. As the dominant Bitcoin holding company among U.S. listed companies, MicroStrategy has benefited from the strong rise in Bitcoin this year. Its stock price has soared by more than 400% so far this year, and it has successfully squeezed into the Nasdaq. 100 index constituent stocks, the market also expects that the micro strategy may be included in the S&P 500 index constituent stocks in the future. Mark Palmer, an equity analyst at Wall Street brokerage Benchmark, recently issued a report stating that after planning to adopt the US Financial Accounting Standards Board’s (FASB) new accounting standards for corporate holdings of Bitcoin, MicroStrategy will be able to immediately start reporting positive returns, which is expected to It will be included in the S&P 500 Index in June 2025. Extended reading: Wall Street Analyst: Micro-strategy is expected to be included in the S&P 500 next year. Is the Bitcoin flywheel effect stable? Related reports Michael Saylor throws out a digital asset framework: Use Bitcoin reserves to offset U.S. Treasury bonds! CryptoQuant said that it is feasible but challenging. Mining company Marathon added 1.1 billion magnesium of Bitcoin. Michael Saylor: Optimistic about taking over the Nasdaq 100 index. Michael Saylor shouted: The United States should "sell all gold reserves": the government has the ability to buy Bitcoin 25% of the total currency volume "Michael Saylor: U.S. Bitcoin reserves are expected to offset $81 trillion in debt, and there are increased opportunities for micro-strategies to be included in the S&P 500." This article was first published on BlockTempo (Dong District Dong Trend - the most influential district) Blockchain News Media).

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