Original author: Michael Saylor
Compiled by Odaily Planet Daily ( @OdailyChina )
Translator: CryptoLeo ( @LeoAndCrypto )
The much-anticipated White House Crypto Summit is finally here, but unfortunately not much content is publicly broadcast. Most of the time during the live broadcast was spent on Trump-praising by the participants, and the live broadcast was quickly disconnected after it started. At present, from the surrounding information, it can be learned that the participants mentioned BTC strategic reserves, stablecoin legislation, and crypto regulation, but there was no particularly substantive specific content.
After the meeting, Strategy founder Michael Saylor shared his speech at the meeting. Odaily Planet Daily compiled it as follows:
With the right digital asset framework, policies, and leadership, we can enrich our citizens, strengthen our businesses, dominate the global economy, and pay down our national debt. The U.S. crypto economy could generate $60-100 trillion in gains over the next decade, and the spiritual benefits would be even greater and lasting.
Digital Assets - Creating a Sound Framework to Catalyze the Crypto Renaissance
The right digital asset taxonomy can eliminate unnecessary confusion, conflict, and controversy while facilitating rapid innovation, collaboration, and capital creation. A streamlined approach introduces four new digital asset classes that seamlessly integrate 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 with an issuer, backed by securities or commodities, for capital efficiency and globalization;
Digital currency – an asset with an issuer, backed by currency, used for digital commerce and dominated by the U.S. dollar;
Digital commodity - an asset without an issuer, backed by digital power, used for capital preservation and appreciation.
Vision - Unleash the power of crypto economy and promote global economic development
Millions of American businesses, artists, influencers, and institutions can issue digital tokens through digital exchanges and quickly enter the capital markets.
Thousands of stocks, bonds, ETFs, and commodities can be issued as digital securities and circulated around the world 24/7 via computer networks and mobile devices.
A digital currency issued by an American company would ensure that the dollar remains indispensable in global trade, making American issuers world financial leaders.
Bitcoin will become the global standard for capital preservation and appreciation, attracting trillions of dollars in capital flows, with the United States being the primary beneficiary.
Principles - Becoming the worlds banker by revitalizing capitalism and property rights
The issuer must have the authority to create and issue assets without prior approval from regulators.
Exchanges should have the power to custody, trade, and transfer digital assets seamlessly between customers and other exchanges.
Owners should have the right to freely keep, trade and transfer their assets.
All market participants must comply with:
fair disclosure;
Ethical behavior;
Commitment to avoid conflicts of interest;
No one has the right to engage in fraudulent behavior, and everyone is civilly and criminally liable for their actions;
The industry should be responsible for disclosure and compliance to allow the market to function organically;
Digital assets should flow freely over the internet, as fast as computing processes allow, without being hindered by censorship or regulation;
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 future economy.
The imperative is to end the war on cryptocurrencies and promote the digital transformation of the economy
Hostile and unfair tax policies on crypto miners, holders, and exchanges hinder industry growth and should be eliminated, along with arbitrary, capricious, and discriminatory regulations.
The government should encourage and support major banks to custody, trade and finance Bitcoin assets, and should not tolerate cryptocurrency industry participants leaving banks.
For the industry to reach its full potential, it needs to be recognised as legitimate and treated fairly by traditional banking, insurance and financial institutions, as well as government agencies.
Opportunities: U.S. economic transformation and development in the next decade
Digital tokens - expand the capital base of American companies by $10 trillion, dominate global products and services, and export our ideas to the world;
Digital Security - Increase the value of U.S. securities by $20 trillion, establish leadership in global equity, bond, and derivatives markets, and export securities around the world;
Digital currency - increase the U.S. national debt by $10 trillion, consolidate dominance in global banking, credit and currency markets, and export currency around the world.
Digital commodities - increase U.S. long-term capital assets by $20 trillion, increase the wealth of American families and businesses, and export our values to the world.
Bitcoin Strategic Reserve - Winning the Race to Dominate Cyberspace and Control the Future
Accumulate 5-25% of Bitcoin for the nation through continued programmatic daily purchases between 2025 and 2035, 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 national debt.
Never sell your Bitcoin! By 2045, the Bitcoin reserve should be generating over $10 trillion in revenue per year and continue to grow, becoming a source of perpetual prosperity for future generations of Americans.
Conclusion – Call to Action
The time to act is now. By embracing digital assets and fostering innovation, the United States can secure its place as a global leader in the 21st century economy. Policymakers, regulators, and industry leaders must collaborate to build a regulatory framework that fosters responsible growth while ensuring market integrity. A strong, forward-looking strategic reserve program will unlock trillions of dollars in economic value, strengthen national security, and position the United States as the undisputed leader in the digital age.
