Saylor Warns Internal Rule Changes Threaten Bitcoin's Long-Term Survival

Michael Saylor has warned that changes to Bitcoin's consensus rules pose a greater long-term threat than rival cryptocurrencies, governments, or external competition. He called internal rule changes Bitcoin's 'gravest threat' after the asset gained broad market recognition.

Saylor argued that consensus rules protect property rights, scarcity, settlement, and limits on power. He said proposals such as BIP-110 could weaken block-space scarcity and miners' fee revenue.

Strategy recently joined eight companies pledging $15 million toward Bitcoin security research. Saylor's latest comments extend his opposition to BIP-110, a proposed temporary soft fork intended to reduce arbitrary data stored on the blockchain.