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Michael Saylor proposes bill of digital rights to expand capital access

Strategy Executive Chairman Michael Saylor has outlined a proposed bill of digital rights, advocating for five core freedoms around digital assets with the goal of helping 10 million new companies raise capital.

Portrait of Michael Saylor sitting in a wooden chair wearing a black shirt and jacket.
Image: @CoinMarketCap

Strategy Executive Chairman Michael Saylor has published an essay proposing a "bill of digital rights" aimed at fostering prosperity in the future digital economy. Saylor stated that the overarching ambition should be to enable 10 million new companies to raise capital. According to Crypto Briefing, the framework could democratize access to capital and spur innovation by reducing reliance on traditional initial public offerings.[3][4][5]

Saylor's proposal outlines five fundamental freedoms for digital assets, defining how individuals and organizations create, issue, hold, transfer, and use them for spending and investment. Saylor argued that restricting an asset's usefulness limits its economic potential, asserting that safeguarding these rights would accelerate business creation.[2][4]

The framework also addresses custody, tokenized securities, and privacy, while criticizing restrictions introduced under the CLARITY Act. In addition, Saylor called for digital dollars to actively compete on both transaction speed and yield.[1][2]

Key facts

  • Michael Saylor, executive chairman of Strategy, published an essay proposing a bill of digital rights for the future economy.
  • Saylor stated the initiative's ambition should be enabling 10 million new companies to raise capital.
  • The framework defines five fundamental freedoms for digital assets: creating, issuing, holding, transferring, and using them for spending and investment.
  • Crypto Briefing reported the proposal could democratize capital access and reduce reliance on traditional IPOs.
  • Saylor's proposal covers custody, tokenized securities, and privacy while criticizing restrictions in the CLARITY Act.
  • Saylor also called for digital dollars to compete on yield and transaction speed.

Sources · 5 sources

  1. CO

    CoinMarketCap@CoinMarketCapPost on X ·

    LATEST: ⚡ Michael Saylor proposed a digital asset bill of rights covering custody, tokenized securities, and privacy, criticizing the CLARITY Act's restrictions. https://t.co/fh5XyQEUtD

    Open source
  2. BS

    BSCN@BSCNewsPost on X ·

    Saylor Calls For Five Digital Asset Freedoms Strategy Chairman, Michael Saylor (@saylor), says the digital economy needs a “bill of digital rights,” proposing five fundamental freedoms for digital assets. They include how assets are created, issued, held and transferred. The framework would also protect the right to use digital assets for spending and investment. He said restricting an asset’s usefulness also limits its economic potential. Saylor believes these freedoms could support faster business creation. He also called for digital dollars to compete on yield and transaction speed.

    Open source
  3. CT

    Coin TelegraphArticle ·

    Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.

    Open source
  4. CO

    Cointelegraph@CointelegraphPost on X ·

    🚨 SAYLOR: The digital economy needs a “bill of digital rights” giving people and companies the freedom to create, issue, hold, transfer and use digital assets, with a goal of enabling 10 million new companies to raise capital. https://t.co/x84vzMrqxz

    Open source
  5. CB

    Crypto BriefingArticle ·

    Strategy’s Michael Saylor proposes bill of digital rights for future economy Saylor's digital rights proposal could democratize capital access, fostering innovation and competition by reducing reliance on traditional IPOs. The post Strategy’s Michael Saylor proposes bill of digital rights for future economy appeared first on Crypto Briefing .

    Open source