Michael Saylor · Strategy · Bitcoin · Cointelegraph
Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy
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Their ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.
Key facts
- On Monday that Strategy had resumed buying Bitcoin after a two-week pause, acquiring 950 Bitcoin (BTC) for $75.7 million at an average price of $79,670 per coin
- This brought Strategy’s holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per coin
- These rights include (1) the freedom to create new digital assets and (2) to issue them to the market to finance business and productivity
- Their ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay
Summary
Michael Saylor, co-founder of Strategy, said that an age of digital assets and intelligence needs a “bill of digital rights,” rather than restrictions. An age of AI can increase production, but it needs better money and capital markets to realize its potential, according to an essay that Saylor, executive chairman of world’s largest corporate Bitcoin holder, posted on X Saturday. A useful framework for digital assets should establish five fundamental rights, or freedoms, Saylor wrote. These rights include (1) the freedom to create new digital assets and (2) to issue them to the market to finance business and productivity.