Saylor Unveils Digital Rights Framework for Future Economy
Michael Saylor, co-founder of Strategy, has called for a 'bill of digital rights' to help build prosperity in the future economy.
In an essay posted on X, Saylor outlined five fundamental rights that should be established for digital assets: the freedom to create new digital assets and issue them to the market, the right to hold or choose a custodian, the ability to transfer them among people, companies, wallets, and service providers, and the power to use them for spending, investing, earning income, and borrowing.
Saylor emphasized that these rights should apply to both individuals and companies, stating that 'an asset's value depends on what its owner can do with it.' He also warned that digital intelligence will automate jobs and make many products obsolete, making it essential to create new businesses and opportunities at a faster pace.
Saylor's proposal aims to enable 10 million new companies to raise capital, which he believes is crucial for future prosperity. Strategy, the world's largest corporate Bitcoin holder, recently resumed buying Bitcoin after a two-week pause, acquiring 950 BTC for $75.7 million at an average price of $79,670 per coin.