Michael Saylor advocates establishing, through a “Digital Bill of Rights,” the freedoms to create, issue, hold or custody, transfer, and use digital assets.
Article
Michael Saylor calls for granting five freedoms for digital assets to support future economic prosperity
PANews September 27 reported, citing Cointelegraph, that Michael Saylor said the digital asset and intelligent era needs a “Digital Bill of Rights,” rather than various restrictions. Michael Saylor wrote that although the artificial intelligence era can increase productivity, fully unlocking its potential also requires a better monetary system and capital markets. An effective digital asset framework should establish five fundamental rights (or freedoms). These rights include: (1) the freedom to create new digital assets; (2) the freedom to issue these assets to the market to support commercial activity and productivity; (3) the right to hold assets or choose a custodian; (4) the right to transfer assets, namely to move assets among individuals, companies, wallets, and service providers; (5) the right to use assets, including for consumption, investment, earning, and...
(Click the link below to read the full article)
🔗https://www.panewslab.com/zh/articles/01a0e1f6-941e-70a5-9f4e-4cfb162216d6
Key points
01
PANews stated that the information came from a Cointelegraph report.
02
Michael Saylor said that the digital asset and intelligent era needs a “Digital Bill of Rights,” rather than various restrictions.
03
Michael Saylor believes that the artificial intelligence era can increase productivity, but fully unlocking its potential also requires a better monetary system and capital markets.
04
He proposed that a digital asset framework should establish five fundamental rights or freedoms.
05
The article explicitly lists creating new digital assets, issuing assets to the market, holding assets or choosing a custodian, transferring assets, and using assets.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an institutional proposal for digital assets put forward by an individual: people should be able to create and issue digital assets, hold them themselves or choose a custodian, and transfer and use these assets. The existing evidence is a media account, and the text is truncated at the end.
Why it matters to readers
This proposal puts forward a rights-based framework for discussing digital asset rules, but the evidence does not show that regulators have adopted it or that legislation or specific implementation is advancing.
Beginners can understand it as an initiative concerning the basic usage rights that digital assets should have, rather than as a law or policy that is already in effect.
Risks and unknowns
The fifth item, the “right to use assets,” is truncated in the evidence, so its complete content cannot be confirmed.
The evidence does not provide Michael Saylor’s full original text, so it is impossible to verify whether the media account is complete.
It is not stated whether regulators, legislators, or industry organizations have responded to or adopted this framework.
The evidence does not indicate any legislative process, implementation measures, or actual policy changes.
Related Developments
Loading event timeline…
Related concepts
Digital Assets
This term is not in the glossary yet. Browse related concepts in the glossary.