Saylor Unveils 'Bill of Digital Rights' to Foster Future Prosperity
Michael Saylor, co-founder of Strategy and executive chairman of the world's largest corporate Bitcoin holder, has outlined what he calls a 'bill of digital rights' to help build prosperity in the future economy.
In an essay posted on X, Saylor argued that as we move into an age of digital assets and intelligence, we need a framework for digital assets that establishes five fundamental rights or freedoms.
These rights include the freedom to create new digital assets, issue them to the market to finance business and productivity, hold or choose a custodian, transfer them among people, companies, wallets, and service providers, and use them to spend, invest, earn income, and borrow against digital assets.
Saylor wrote that these rights should apply to both individuals and companies, saying 'an asset's value depends on what its owner can do with it. Restrict its usefulness, and you restrict its economic potential.'
He emphasized the importance of allowing digital dollars to compete on yield and move quickly, stating that banks, financial technology companies, and technology platforms should offer digital dollars through devices and applications people already use.