Saylor Proposes 'Bill of Digital Rights' to Unshackle Capital Flow

Michael Saylor, executive chairman of Strategy and co-founder, has proposed a 'bill of digital rights' to expand capital access. He argues that this is essential infrastructure for productivity and capital formation in an age where automation reshapes industries.

The framework outlines five core freedoms: the ability to create new digital assets, issue them to markets to finance productive activity, the right to hold them or choose custodians, the ability to transfer assets across users and service providers, and the freedom to use them for spending, investing, earning income, or borrowing against collateral.

Saylor's essay on X frames digital rights as a practical foundation for economic growth in an age where 'digital intelligence' will automate tasks and make existing products obsolete. He stresses that participants should be free to create new digital assets and issue them to markets so businesses can finance productivity and expansion.

He also argues that digital assets should be usable in real economic activity, including spending, investing, earning income, and borrowing against them. Saylor writes, 'An asset's value depends on what its owner can do with it.' He adds, 'Restrict its usefulness, and you restrict its economic potential.'