Saylor Warns Against Proposed Bitcoin Code Changes

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has expressed strong opposition to proposed changes to Bitcoin's base-layer code. He believes that such alterations threaten the network's integrity and immutability.

Saylor argues that proposals like BIP-110, covenants, and larger block sizes introduce censorship and complexity, undermining Bitcoin's economic sovereignty and scarcity.

As Strategy holds over 843,000 BTC, Saylor's stance carries significant weight in defending the cryptocurrency's predictability. He advocates for innovation only on layers built atop the base protocol, prioritizing security and stability over programmability or new features.