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cryptoJul 19, 2026, 6:59 AM

Michael Saylor Opposes BIP-110, Calls for Bitcoin Neutrality

MicroStrategy founder Michael Saylor published an essay arguing against Bitcoin Improvement Proposal BIP-110, stating it would violate neutrality and harm consensus. He defended valid paid transactions while acknowledging some uses may be frivolous or fraudulent.

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Michael Saylor, founder of MicroStrategy, released an essay titled "110 reasons why BIP-110 is a bad idea," criticizing the Bitcoin Improvement Proposal. He argued that the proposal undermines Bitcoin's principles of neutrality, hard consensus, open markets, and innovation.

Saylor clarified that he is not defending every inscription, token, file, or app, recognizing that some may be frivolous, harmful, or fraudulent. However, he questioned whether controversial uses of valid, paid transactions should be banned by altering consensus rules.

The essay emphasizes the importance of maintaining Bitcoin's core values over reactive changes to the protocol.

Source: ForkLog