Michael Saylor, co-founder of Strategy, has proposed a 'bill of digital rights' aimed at fostering economic prosperity in the evolving landscape of digital assets and artificial intelligence. In an essay published on X, he argues that instead of imposing restrictions, we should empower individuals and companies with fundamental rights related to digital assets.
Saylor outlines five essential freedoms that should be guaranteed: the right to create and issue digital assets, the right to hold or choose custodians, the right to transfer assets, and the right to utilize them for spending, investing, and borrowing. He asserts that these rights are crucial for maximizing the economic potential of digital assets.
As automation and AI reshape industries, Saylor emphasizes the urgency of enabling the creation of new businesses. He expresses a bold ambition to help “10 million new companies raise capital,” underscoring the need for improved capital markets to support this growth.
In related news, Strategy has resumed its Bitcoin purchases, acquiring 950 BTC for $75.7 million, bringing its total holdings to 846,000 BTC. This move reflects Saylor's ongoing commitment to digital assets amidst a rapidly changing economic environment.