願景：美國成為數位經濟的先鋒

自 2020 年公司開始累積比特幣以來，塞勒一直是一位著名的比特幣倡導者，他預計美國將在數位經濟中發揮領導作用

Prominent Bitcoin advocate Michael Saylor has unveiled a sweeping proposal to propel the U.S. to the forefront of the digital economy. The proposal, which spans 64 pages, outlines a comprehensive framework for digital assets, aiming to establish clear taxonomies, rights-based structures, and practical compliance obligations.

著名的比特幣倡導者邁克爾·塞勒 (Michael Saylor) 公佈了一項全面提案，旨在推動美國走在數位經濟的最前沿。該提案長達 64 頁，概述了數位資產的綜合框架，旨在建立明確的分類法、基於權利的結構和實際的合規義務。

Saylor, the CEO of business intelligence firm MicroStrategy, has championed Bitcoin since his company began amassing the cryptocurrency in 2020. Today, MicroStrategy is the largest corporate holder of Bitcoin, boasting an impressive $42.6 billion in the asset.

商業智慧公司 MicroStrategy 的執行長 Saylor 自 2020 年公司開始累積加密貨幣以來一直支持比特幣。

Despite his reputation as a Bitcoin maximalist — a fervent believer in Bitcoin's superiority over other cryptocurrencies — Saylor's framework encompasses a broader perspective. His vision extends to the establishment of universal standards for a diverse range of digital assets, all while bolstering the preeminent role of the U.S. dollar as the world's reserve currency.

儘管塞勒被譽為比特幣最大化主義者——堅信比特幣相對於其他加密貨幣的優越性——但塞勒的框架涵蓋了更廣泛的視角。他的願景延伸到為各種數位資產建立通用標準，同時鞏固美元作為世界儲備貨幣的卓越地位。

The framework proposes a unified taxonomy for digital assets and standards that could reduce national debt while positioning America as the global hub of the digital economy. This approach, according to Saylor, would not only maintain but enhance the U.S. dollar's preeminent status in global finance.

該框架提出了統一的數位資產分類法和標準，可以減少國家債務，同時將美國定位為數位經濟的全球中心。塞勒認為，這種做法不僅會維持而且會增強美元在全球金融中的卓越地位。

At the heart of Saylor's proposal is a detailed taxonomy that categorizes digital assets into distinct classes, aiming to provide clarity and organization within the rapidly evolving digital asset landscape. The taxonomy also incorporates rights and responsibilities for issuers, exchanges, and participants, ensuring transparency and compliance.

Saylor 提案的核心是詳細的分類法，將數位資產分為不同的類別，旨在在快速發展的數位資產格局中提供清晰度和組織性。該分類法還納入了發行人、交易所和參與者的權利和責任，確保透明度和合規性。

Saylor emphasizes a baseline set of rights, such as the ability to create, trade, and transfer digital assets, alongside stringent obligations like public disclosures and adherence to laws. “No one has the right to lie, cheat, or steal,” Saylor asserts in his proposal, advocating for civil and criminal accountability across the ecosystem.

塞勒強調一系列基本權利，例如創建、交易和轉讓數位資產的能力，以及公開披露和遵守法律等嚴格義務。塞勒在他的提案中斷言：「任何人都沒有權利撒謊、欺騙或盜竊。」他主張在整個生態系統中追究民事和刑事責任。

A key focus of the framework is cost efficiency. Saylor argues for capping compliance costs for issuing tokens at 1% of a firm's assets under management, with maintenance fees limited to 10 basis points annually. This drastic reduction in issuance costs — from tens of millions of dollars to as little as $10,000 — would enable firms to launch tokens in minutes rather than years.

該框架的一個重點是成本效率。 Saylor 主張將發行代幣的合規成本限制為公司管理資產的 1%，並將每年的維護費用限制在 10 個基點。發行成本的大幅降低——從數千萬美元降至低至 10,000 美元——將使公司能夠在幾分鐘而不是幾年內發行代幣。

Saylor's proposal also ventures into the realm of America's $36 trillion national debt, presenting a novel approach that leverages stablecoins and Bitcoin to neutralize the staggering debt. His plan suggests that growing the stablecoin market from its current $25 billion capitalization to $10 trillion could create immense demand for U.S. Treasuries, solidifying the dollar's dominance.

塞勒的提案還涉及美國 36 兆美元的國債領域，提出了一種利用穩定幣和比特幣來抵銷巨額債務的新穎方法。他的計劃表明，將穩定幣市場從目前的 250 億美元增長到 10 兆美元可能會創造對美國國債的巨大需求，從而鞏固美元的主導地位。

The plan also includes the establishment of a U.S. strategic bitcoin reserve. Although Saylor doesn't specify how many tokens should be acquired, he projects that such a reserve could generate between $16 and $81 trillion in wealth. These figures, while ambitious, underscore Saylor's belief in Bitcoin's transformative economic potential. Notably, Trump has echoed similar sentiments, pledging not to sell the U.S. government's 198,000 seized bitcoins and supporting a strategic reserve.

該計劃還包括建立美國戰略比特幣儲備。儘管 Saylor 沒有具體說明應該購買多少代幣，但他預計這樣的儲備可以產生 16 到 81 兆美元的財富。這些數字雖然雄心勃勃，但強調了塞勒對比特幣變革性經濟潛力的信念。值得注意的是，川普也表達了類似的觀點，承諾不會出售美國政府扣押的 198,000 枚比特幣，並支持建立戰略儲備。

Saylor's comprehensive vision positions the U.S. as the anchor of a global digital economy, with Bitcoin and stablecoins serving as cornerstones of its strategy. While the proposal has its skeptics, it reflects growing bipartisan support for a structured approach to digital assets, driven by the need to maintain the U.S.'s economic hegemony.

塞勒的全面願景將美國定位為全球數位經濟的支柱，而比特幣和穩定幣是其戰略的基石。儘管該提案遭到質疑，但它反映出兩黨在維持美國經濟霸權的需要的推動下，對數位資產結構化方法的支持日益增長。

If realized, Saylor's framework could usher in a new era of digital innovation and fiscal sustainability, potentially transforming how the world views both Bitcoin and the U.S. dollar.

如果實現，塞勒的框架可能會迎來數位創新和財政可持續性的新時代，有可能改變世界對比特幣和美元的看法。