Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Michael Saylor proposed a "bill of digital rights" establishing five fundamental freedoms for digital assets: creating them, issuing them to market, holding them or choosing a custodian, transferring them, and using them to spend, invest, earn, or borrow
- Saylor argued the framework should apply to both people and companies, writing that "an asset's value depends on what its owner can do with it"
- Saylor said prosperity in the AI age requires better money and capital markets, setting an ambition to "enable 10 million new companies to raise capital"
- Strategy resumed Bitcoin buying after a two-week pause, acquiring 950 BTC for $75.7 million at an average price of $79,670 per coin
- Strategy's total holdings now stand at 846,000 BTC, acquired for roughly $63.8 billion at an average cost of $75,416 per coin
Why it matters: Saylor — executive chairman of the world's largest corporate Bitcoin holder — is lobbying for policy protections that would expand the utility and transferability of digital assets, the exact properties that would benefit a firm sitting on $63.8 billion in Bitcoin. The essay's five rights (create, issue, hold, transfer, use) map directly onto what BTC and other tokens already need to function as productive capital, making the proposal both a philosophical framework and an argument for assets Saylor himself holds at unprecedented scale.
Ask SkimNews
