According to TechFlow, on December 21, MicroStrategy CEO Michael Saylor released a proposal (U.S. Digital Asset Framework, Principles and Opportunities) aimed at strengthening the status of the U.S. dollar and establishing the U.S. leadership in the digital economy.
The framework proposes a digital asset classification system, including digital goods without issuers (such as Bitcoin), digital securities with issuers, digital currencies, digital utility tokens, digital NFTs and digital asset-backed tokens.
Saylor recommends limiting asset issuance compliance costs to less than 1% of assets under management, annual maintenance costs to no more than 0.1%, and reducing issuance costs to expand capital market access.
He 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 grow from $1 trillion to $590 trillion.
Saylor specifically suggested establishing a Bitcoin reserve, arguing that this could create $16-81 trillion in wealth for the U.S. Treasury and provide a new way to offset the national debt.