[Michael Saylor Proposes 'Perfect' Digital Currency Concept: Bitcoin-Backed Dollar Stablecoin with Yields of 6% to 8%] Deep Tide TechFlow reports that on October 19, according to The Block, Strategy founder Michael Saylor outlined his vision for a 'perfect' digital currency during ParaFi Investor Day. This would be a dollar-pegged stablecoin backed by Bitcoin, offering yields of 6% to 8%. Saylor stated that this would represent the next step in the evolution of digital capital and digital credit products.