Michael Saylor, founder and executive chairman of Strategy, is urging governments to establish Bitcoin-backed digital banking systems. Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor proposed that countries could leverage overcollateralized Bitcoin reserves and tokenized credit instruments to create regulated digital bank accounts. These accounts would offer higher yields than traditional deposits, potentially attracting trillions in capital inflows. Saylor highlighted the low returns on bank deposits in regions like Japan, Europe, and Switzerland, contrasting them with higher yields from euro and US money market funds. He suggested a structure where digital credit facilities make up 80% of the fund, complemented by 20% fiat currency and a 10% reserve margin to reduce volatility. Saylor believes that such accounts, if offered by regulated banks, could draw significant deposits, backed by a 5:1 overcollateralized digital credit held by a fiscal entity.