{"id":4613,"date":"2024-12-23T04:01:31","date_gmt":"2024-12-23T04:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4613"},"modified":"2024-12-23T04:01:31","modified_gmt":"2024-12-23T04:01:31","slug":"michael-saylor-proposes-us-digital-assets-framework-backs-bitcoin-reserve-capable-of-generating-16-81-trillion-in-wealth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4613","title":{"rendered":"Michael Saylor Proposes US Digital Assets Framework, Backs Bitcoin Reserve Capable Of Generating $16\u2013$81 Trillion In Wealth"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy<\/strong> founder and Chairman <strong>Michael Saylor<\/strong> presented a detailed digital assets framework on Friday for the U.S. government to strengthen fiscal policy and position the country to lead the 21st-century digital financial system<\/p>\n<p><strong>What happened<\/strong>: The complete proposal urged for regulatory clarity, including defining what constitutes a digital asset, stakeholder rights and obligations, transparency, and initiatives to promote innovation.<\/p>\n<p>Among the key objectives of the so-called strategic digital asset policy was the creation of a Bitcoin reserve, having the potential to generate $16\u2013$81 trillion in wealth for the Treasury and thereby neutralizing the soaring national debt.<\/p>\n<p>Interestingly, Sen. <strong>Cynthia Lummis<\/strong> (R-Wyo.), who proposed a bill to establish a Bitcoin reserve, advocated purchasing 1 million BTC over five years, which is <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40722735\/trump-presidency-will-be-total-game-changer-for-crypto-industry-says-pro-bitcoin-senator-c\">expected to be worth<\/a> $17 trillion &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42640181\/microstrategys-michael-saylor-proposes-digital-assets-framework-for-us-advocates-bitcoin-reserve-capable-of-gener\" alt=\"Michael\" saylor proposes us digital assets framework backs bitcoin reserve capable of generating trillion in wealth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy founder and Chairman Michael Saylor presented a detailed digital assets framework on Friday for the U.S. government to strengthen fiscal policy and position the country to lead the 21st-century digital financial system What happened: The complete proposal urged for regulatory clarity, including defining what constitutes a digital asset, stakeholder rights and obligations, transparency, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4613","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4613"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4613\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}