Saylor calls for a ‘bill of digital rights’ to finance 10 million new companies

Michael Saylor has stated that he wants individuals and companies to be given five guaranteed rights over digital assets. 

Saylor’s argument aims to provide cheaper capital and freer money, which he claims a productive, AI-driven economy will stall without. 

What rights does Michael Saylor want over digital assets? 

They include the right to create digital assets, issue them to raise money, custody them directly or through a chosen provider, transfer them freely, and use them to spend, invest, earn, and borrow. He wrote that those rights should be applied equally and be backed by financial privacy and real access to markets.

Saylor’s opinion is that ownership means little if the state limits what an owner can do. He pointed out that the recent legislation, the CLARITY bill, has roughly 630 pages, of which he estimated about 600 were restrictions. 

Cryptopolitan reported back in August that Saylor has spent the year sorting digital assets into tiers; digital capital, digital credit, digital money, and digital currency. 

Saylor said that AI and automation will destroy jobs and make existing products out of date. Prosperity, he says, depends on launching new businesses at a faster pace than the old ones disappear.