Bitcoin Price May Rise 100x If Core Protocol Remains Unchanged
Bitcoin's core protocol and consensus rules are crucial to its future value, according to Michael Saylor. He emphasized that if these rules remain unchanged, Bitcoin's price could increase up to 100 times.
Saylor highlighted the importance of preserving the currency's scarcity, security, and ownership through these core rules, calling them the 'constitutional foundation' of Bitcoin.
He warned that any changes to these rules could harm Bitcoin's economic system by affecting miner incentives, transaction costs, and network security.