① At the White House Cryptocurrency Summit, "Bitcoin whale" Michael Saylor proposed a Crypto Global Strategy; ② This strategy aims to release $100 trillion in economic value over the next decade by implementing clear regulations on Digital Assets and integrating Bitcoin into national reserves; ③ Saylor suggested that the USA acquire 5% to 25% of the total Bitcoin supply by 2035.
On March 10, the Financial Association reported (Editor: Zhou Ziyi) that at the recent cryptocurrency summit held at the White House, Michael Saylor, co-founder of Strategy (formerly MicroStrategy), proposed an ambitious Global Strategy that aims to generate up to $100 trillion in economic value over the next decade by implementing clear regulations on Digital Assets and strategically integrating Bitcoin into national reserves.
The White House Crypto Summit organized by USA President Donald Trump concluded last week. This meeting between the new USA government and participants from various Industries aims to lay the foundation for establishing a Digital Currency reserve in the USA, with industry giants in attendance including $Coinbase (COIN.US)$ Ripple, $Strategy (MSTR.US)$ Kraken,$Robinhood (HOOD.US)$Wait for the company's executives.
At the summit, Michael Saylor emphasized the importance of establishing a clear regulatory framework for Digital Assets, estimating that this could unlock up to $100 trillion in economic value over the next decade.
Saylor outlined a structured approach to these Assets, dividing Digital Assets into four different categories:
Digital Tokens: used for capital creation and innovation;
Digital Securities: intended to improve the efficiency of financial markets;
Digital Currency: used for commercial transactions and strengthening the global status of the US dollar;
Digital Commodities: For example, Bitcoin, used for storing wealth.
Saylor believes in his proposal that this classification method will reduce regulatory uncertainty and seamlessly integrate digital assets into the traditional financial system. His proposal also calls for lifting restrictions on Cryptos, which would allow entities in the USA to quickly access Capital Markets while ensuring that the dollar remains an indispensable part of Global Trade.
Meanwhile, the proposal emphasizes the necessity of fair disclosure and accountability to prevent fraud and conflicts of interest. Saylor calls for an end to hostile and unfair tax policies toward the Industry.
As a core pillar of this vision, Saylor suggests that the USA enhance its strategic Bitcoin reserves, aiming to acquire 5% to 25% of the total Bitcoin supply by 2035, potentially generating $16 trillion to $81 trillion in revenue by 2045, thus providing a long-term solution for reducing USA debt.
The Strategy company founded by Saylor adopted Bitcoin as a reserve asset in 2020 and has since purchased 499,096 Bitcoins, with a current Market Cap of approximately $40.8 billion.
Editor/danial