The co-founder of the Michael Saylor strategy shared a Complete cryptocurrency strategy At the top of the digital assets of the White House, arguing that the United States can unlock up to 100 billions of dollars of economic value during the next decade by establishing a clear regulatory framework, by eliminating obstacles to innovation and by strategically acquiring bitcoin.
Saylor has described a structured approach to these assets, categorize them in four distinct classes: digital tokens for capital creation and innovation, digital titles for market efficiency, digital currencies for salespeople and to strengthen the global position of the dollar and digital products such as Bitcoin for the preservation of wealth.
In his proposal, Saylor argued that this taxonomy would reduce regulatory uncertainty and integrate digital assets perfectly into the traditional financial system. His proposal calls for the abolition of restrictions on cryptocurrencies, which would allow entities in the United States a quick access to capital markets while ensuring that the US dollar remains full of world trade.
The very first summit of the cryptography of the White House, which was held on Friday, was largely supposed to give a tone to the more friendly position of the Trump administration on the former administration of President Joe Biden. The summit included a wide range of industry giants, including Coinbase, Ripple, Strategy, Kraken, Gemini, Chainlink, Robinhood and many others.
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At the same time, Saylor’s proposal underlined the need for fair disclosure and responsibility to prevent fraud and conflicts of interest. The founder of the strategy also called to end “hostile and unfair tax policies” in the cryptography sector. Instead, government support would allow industry to “reach its full potential”.
“The government should encourage and provide support for major banks in custody, trade and funded Bitcoins. The unrest of the participants in the cryptographic industry should not be tolerated, ”says the proposal.
A central pillar of Saylor’s vision is a Bitcoin strategic reserve, which would see the United States acquire 5% to 25% of the total Bitcoin supply by 2035 thanks to stable programmatic purchases. Strategy, the Saylor firm founded and in which it is currently executive president, adopted Bitcoin as a Treasury reserve asset in 2020, after having bought 499 096 BTC since.
He planned that in 2045, this reserve could generate between $ 16 and 81 billions of dollars, offering a long-term solution for the reduction of national debt for the United States
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