Michael Saylor Introduces Bitcoin Framework to Strengthen US Crypto Leadership
MicroStrategy co-founder and chairman Michael Saylor revealed a complete crypto framework to integrate Bitcoin and other digital assets into the US economy.
Saylor's idea, shared on social media Friday, attempts to establish the US as a leader in the 21st-century digital economy amid rising institutional interest in cryptocurrencies.
Bitcoin and crypto framework strengthen US dollar
Saylor underlines that a well-structured digital asset strategy may boost the dollar, reduce debt, and empower millions of enterprises. He thinks a clear and globally understood digital asset taxonomy may boost innovation and produce billions in value in the US.
Saylor believes a strong structure specifying market players' rights and obligations is necessary to legitimize these assets.
This system attempts to provide a trustworthy environment where issuers may produce assets with fair disclosure, exchanges protect client funds and preserve transparency, and owners can manage their assets according to local regulations.
This paradigm requires all parties to behave ethically and be accountable for their activities.
Reform Digital Markets and Reduce National Debt
Saylor favors efficient and innovative regulation above “bureaucratic hurdles.” He suggests standardized disclosures and industry-led compliance to help exchanges gather and publish data. Limiting regulatory expenses and optimizing the issuing process might speed up asset development from months to days.
Saylor predicts that a planned digital asset strategy might provide billions in value for US financial markets.
Michael Saylor expects the global digital capital market will grow from $2 trillion to $280 trillion, with US investors absorbing most of this money.
Saylor thinks a strategic Bitcoin reserve could yield $16 trillion to $81 trillion in wealth for the US Treasury, offsetting national debt.
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