September 27, 07:18
Michael Saylor outlines a bill of digital rights
Saylor outlines bill of digital rights
Cointelegraph

Michael Saylor outlines a bill of digital rights for digital assets and intelligence. Saylor said the framework should favor rights rather than restrictions. The first right is to create digital assets. The second right is to issue digital assets to finance business and productivity. The third right is to hold digital assets or choose a custodian. The fourth right is to transfer digital assets among people, companies, wallets and service providers. The fifth right is to use digital assets to spend, invest, earn income and borrow. Saylor wrote that the rights should apply to people and companies. Saylor said an asset's value depends on what its owner can do with it. Saylor wrote that artificial intelligence can increase production. Saylor said better money and capital markets are needed to realize that potential. Saylor wrote that digital intelligence will automate jobs and make many products obsolete. Saylor said future prosperity will depend on creating new businesses and opportunities faster. Saylor's stated ambition is to enable 10 million new companies to raise capital. Strategy resumed buying Bitcoin after a two-week pause. Strategy acquired 950 Bitcoin for $75.7 million at an average price of $79,670 per coin. Strategy's holdings reached 846,000 BTC. Strategy acquired those holdings for about $63.8 billion. The average cost was $75,416 per coin. Bitcoin traded at about $84,523 at the time of publication.
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