Saylor Sounds Alarm on Bitcoin Protocol Changes

Bitcoin's protocol debate has intensified following a warning from Michael Saylor on July 28, 2026. The executive chairman of Strategy defended the immutability of the network consensus rules, stating that any change to its architecture could weaken the first crypto.

Saylor likens the protocol to a constitution and warns against factions seeking to alter the network's immutability for their own benefit. He targets specific projects like BIP-110, covenants, and block size increase, accusing them of weakening Bitcoin's security and scarcity.

The chairman of Strategy emphasizes that miners' economic balance depends on transaction freedom and system stability, particularly with the gradual decrease of block rewards.