Author: Michael Saylor

Compiled | Odaily

Translator | CryptoLeo（@LeoAndCrypto）

The much-anticipated White House crypto summit has finally arrived, but unfortunately, there was not much public live streaming content. During the live stream, most of the time was spent on the "Trump blowing" session by the attendees, and the live stream quickly disconnected after the start. Currently, 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 released his speech at the meeting, which Odaily has compiled as follows:

With the right digital asset framework, policies and leadership, we can enrich citizens, empower enterprises, dominate the global economy and pay off national debts. Over the next decade, the United States' earnings in the crypto economy will reach $60-100 trillion, and the spiritual benefits will be even greater and more lasting.

Digital Assets - Creating a Robust Framework to Catalyze a Crypto Renaissance

The right digital asset taxonomy can eliminate unnecessary confusion, conflict and controversy, while promoting rapid innovation, collaboration and capital creation. A simplified 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 digital utilities, used for capital creation and innovation;

• Digital Securities - An issuer's asset backed by securities or commodities, used for capital efficiency and globalization;

• Digital Currencies - An issuer's asset backed by currency, used for digital commerce and dollar dominance;

• Digital Commodities - An asset without an issuer, backed by digital forces, used for capital preservation and appreciation.

Vision - Unleashing the Power of the Crypto Economy to Drive Global Economic Growth

Millions of American 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 globally around the clock through computer networks and mobile devices.

Digital currencies issued by American companies will ensure the indispensable position of the US dollar in global trade, making American issuers the world's financial leaders.

BTC will become the global standard for capital preservation and appreciation, attracting trillions of dollars in capital flows, with the US as the primary beneficiary.

Principles - Becoming the World's Banker by Revitalizing Capitalism and Property Rights

Issuers must have the right to create and issue assets without prior approval from regulators.

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

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

All market participants must adhere to:

• Fair disclosure;

• Ethical conduct;

• Commitment to avoid conflicts of interest;

• No one has the right to engage in fraud, and everyone must be civilly and criminally liable for their actions;

• The industry should be responsible for disclosure and compliance, allowing the market to function organically;

• Digital assets should flow freely on the internet, moving as quickly as the computational process allows, without censorship or regulatory impediments;

• By establishing superior digital financial protocols, America can lead the world in digital finance, attract global capital, and lay the foundation for the future economy.

Urgent Priorities - End the War on Crypto and Drive the Digital Transformation of the Economy

Hostile and unfair tax policies towards crypto miners, holders and exchanges are hindering industry growth and should be eliminated, while arbitrary, capricious and discriminatory regulations should be repealed.

The government should encourage and support major banks to custody, trade and finance BTC assets, and should not tolerate crypto industry participants operating outside the banking system.

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

Opportunities - The Transformation and Development of the US Economy 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 Securities - Grow the value of American securities by $20 trillion, establish leadership in global stock, bond and derivatives markets, and export securities around the world;

Digital Currencies - Increase US national debt by $10 trillion, consolidate our dominance in global banking, credit and currency markets, and export currencies to the world;

Digital Commodities - Add $20 trillion in long-term capital assets to America, increase the wealth of American households and businesses, and export our values to the world.

BTC Strategic Reserves - Win the Race to Master Cyberspace and Control the Future

Over the period 2025 to 2035, accumulate 5-25% of BTC through continuous programmatic daily purchases, by which time 99% of BTC will have been mined.

The Strategic BTC Reserve (SBR) could potentially create $16-81 trillion in wealth for the US Treasury by 2045, providing a viable path to offset national debt.

Never sell your BTC! By 2045, the BTC reserve should be generating over $10 trillion in annual income, and continue growing, becoming a permanent source of prosperity for generations of Americans.

Conclusion - A Call to Action

The time to act is now. By embracing digital assets and promoting innovation, America can ensure its global leadership position in the 21st century economy. Policymakers, regulators and industry leaders must collaborate to establish a regulatory framework that fosters responsible growth while ensuring market integrity. A strong, visionary strategic reserve program will unleash trillions of dollars in economic value, strengthen national security, and make America the undisputed leader of the digital age.