Michael Saylor Publishes His Strategic Digital Asset Policy That “Can Strengthen the U.S. Dollar”

Michael Saylor, a vocal Bitcoin evangelist and co-founder of the MicroStrategy giant, has published a post on the X social media platform

Michael Saylor, a renowned Bitcoin evangelist and co-founder of the MicroStrategy giant, has taken to the X social media platform to share his strategic digital asset policy, which he claims can bolster the U.S. dollar and propel America toward a massive economic upsurge in the 21st century.

The document detailing this concept was published on Michael Saylor's personal website.

Strategic Bitcoin, digital asset policy for the US

The concept entails dividing digital assets into several groups, establishing their legitimacy, setting up “rational compliance” as well as offering a vision of “Capital Markets Renaissance.”

As part of this concept, Saylor deems it necessary to categorize digital assets. This includes a “digital commodity,” defined as assets without an issuer and backed by digital power, such as Bitcoin; and a “digital security,” which is “An asset with an issuer, backed by a security (e.g., equity, debt, derivatives).”

Key fundamentals of Saylor's concept

The document also includes a section on the creation of a “robust framework of rights and responsibilities” aimed at asset issuers, exchanges and asset owners to enable them “to engage in digital asset markets with confidence.”

A key principle for implementing the concept and following it afterward states: “No one has the right to lie, cheat, or steal. All participants are civilly and criminally responsible for their actions.”

Saylor's MicroStrategy added to Nasdaq 100

Recently, these accumulations have been made possible by the debt raised by the company from shareholders who receive yields on their indirect Bitcoin investments in MicroStrategy.

This article was originally published on U.Today