Michael Saylor Crypto Summit Speech: The Bitcoin Strategic Reserve is the cornerstone of America's prosperity for generations to come

Original title: A Digital Assets Strategy to Dominate the 21st Century Global Economy

By Michael Saylor, Founder of Strategy

Compilation: CryptoLeo, Odaily Planet Daily

The much-talked-about White House crypto summit is finally here, but unfortunately there aren't many publicly streamed content. During the live broadcast, most of the time belonged to the "Trump blowing" part of the participants, and the live broadcast was quickly disconnected after it began. At present, it can be known from the surrounding information that the participants mentioned BTC strategic reserves, stablecoin legislation and crypto regulation, but there is no specific content in particular. (Recommended reading: "White House Crypto Summit: A Political Show of Slapping Horses and Shouting Slogans (with full text of the live broadcast)")

After the conference, Michael Saylor, founder of Strategy, shared his speech at the conference, which was compiled by Odaily as follows:

With the right digital asset framework, policy, and leadership, we can empower citizens, empower businesses, dominate the global economy, and pay off national debt. Over the next decade, America's gains in the crypto economy will reach $60-100 trillion, and the spiritual benefits will be even greater and lasting.

Digital Assets – Creating a robust framework to catalyze the crypto renaissance

The right digital asset taxonomy can eliminate unnecessary confusion, conflict, and controversy while fostering rapid innovation, collaboration, and capital creation. One simplified approach is the introduction of four new digital asset classes, seamlessly integrating the traditional financial system of securities, commodities, and currencies with the new digital economy. This structure must be elegant, intuitive, and adaptable to accommodate billions of people and millions of companies.

Digital tokens – an issuer's asset backed by a digital utility for capital creation and innovation;

Digital securities – an asset that has an issuer, backed by a security or commodity, for capital efficiency and globalization;

Digital currency – an asset with an issuer, backed by money, used for digital commerce and dollar-led;

Digital commodity – an asset that has no issuer and is backed by digital power for capital preservation and appreciation.

Vision - Unleash the power of the crypto economy and promote the development of the global economy

Millions of U.S. businesses, artists, influencers, and institutions can quickly access capital markets by issuing digital tokens through digital exchanges.

Thousands of stocks, bonds, ETFs, and commodities can be issued as digital securities and circulate around the globe through computer networks and mobile devices.

Digital currencies issued by U.S. companies will ensure that the U.S. dollar remains indispensable in global trade, making U.S. issuers a world financial leader.

Bitcoin will become the global standard for capital preservation and appreciation, attracting trillions of dollars in capital flows, with the United States being the main beneficiary.

Principle – Become a world banker through the revitalization of capitalism and property rights

The issuer must have the authority to create and issue assets without the need for prior regulatory approval.

Exchanges should have the right to seamlessly safekeep, trade, and transfer digital assets between customers and other exchanges.

Owners should have the right to custody, trade, and transfer their assets freely.

All market participants must comply with:

fair disclosure;

ethical conduct;

commitment to avoid conflicts of interest;

No one has the right to commit fraud, and everyone is civilly and criminally liable for their actions;

The industry should be responsible for disclosure and compliance to make the market work organically;

Digital assets should flow freely on the internet, as fast as the computational process allows, without censorship or regulatory hindrance;

By establishing superior digital finance protocols, the United States can lead the world in digital finance, attract global capital, and lay the foundation for the economy of the future.

The imperative is to end the war on cryptocurrencies and drive the digital transformation of the economy

Hostile and unfair tax policies against crypto miners, holders, and exchanges, which hinder industry growth, should be eliminated, along with arbitrary, capricious, and discriminatory regulations.

Governments should encourage and support banks to custody, trade, and finance Bitcoin assets, and should not tolerate crypto industry players leaving banks.

For the industry to reach its full potential, it needs to be recognized as legitimate and treated fairly by traditional banking, insurance and financial institutions, as well as government agencies.

Opportunity – The transformation and development of the U.S. economy over the next decade

Digital tokens – expanding the capital base of U.S. companies by $10 trillion, dominating global products and services, and exporting our ideas to the world;

Digital security – growing the value of U.S. securities by $20 trillion, establishing leadership in global equities, bonds, and derivatives markets, and exporting securities around the world;

Digital Currency – Increase the U.S. Treasury debt by $10 trillion, consolidate dominance in global banking, credit, and money markets, and export money around the world.

Digital Goods – Increasing U.S. long-term capital assets by $20 trillion, boosting the wealth of U.S. households and businesses, and exporting our values to the world.

Bitcoin Strategic Reserve – Win the race to dominate cyberspace and take control of the future

Between 2025 and 2035, accumulate 5-25% of Bitcoin for the state through ongoing programmatic daily purchases, by which time 99% of BTC has been mined.

The Strategic Bitcoin Reserve (SBR) has the potential to create $16-81 trillion in wealth for the U.S. Treasury by 2045, providing a viable way to offset the nation's debt.

Never sell your bitcoins! By 2045, the Bitcoin Reserve should generate more than $10 trillion in revenue annually and continue to grow as a source of eternal prosperity for generations to come.

Conclusion – call to action

Now is the time to act. By embracing digital assets and fostering innovation, the United States can secure its position as a global leader in the 21st century economy. Policymakers, regulators, and industry leaders must work together to establish a regulatory framework that promotes responsible growth while ensuring the integrity of the market. A strong, visionary strategic reserve program would unlock trillions of dollars in economic value, strengthen national security, and position the United States as the undisputed leader in the digital age.