Michael Saylor, co-founder and chairman of MicroStrategy, has proposed a comprehensive framework aimed at integrating Bitcoin and digital assets into the US economy.

Saylor envisions that these measures could streamline the asset issuance process from months to days, significantly enhancing digital asset transaction efficiency.

He suggests that establishing the US dollar as the global reserve digital currency could expand digital currency markets from $25 billion to an estimated $10 trillion.

Saylor forecasts that the global digital capital market could grow from $2 trillion to $280 trillion, with US investors poised to benefit significantly.

By creating a strategic Bitcoin reserve, he estimates that the US Treasury could generate between $16 trillion to $81 trillion in wealth, providing a potential pathway to offset national debt.

Saylor believes that a structured digital asset policy could bolster the US dollar, reduce national debt, and empower businesses, projecting trillions in value creation.

He emphasizes the need for a robust framework to define the rights and responsibilities of market participants, ensuring legitimacy and accountability.

As of December 21, 2024, Bitcoin is trading at $97,360, reflecting a 4% decline over the past week.

This proposal was shared on social media on December 20, 2024, amidst growing institutional interest in cryptocurrencies, with the goal of positioning the US as a leader in the digital economy.

The framework categorizes digital assets into various classes, including digital commodities like Bitcoin, digital securities, digital currencies linked to fiat money, fungible tokens, non-fungible tokens (NFTs), and assets tied to physical commodities.

Saylor's framework aims to create a trustworthy environment for issuers, exchanges, and owners, promoting ethical conduct and accountability within the market.

He advocates for a regulatory approach that prioritizes efficiency and innovation, proposing standardized disclosures and industry-led compliance measures.