Michael Saylor Says Bitcoin’s Greatest Threat Comes From Within
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Michael Saylor, Strategy Executive Chairman, warned Bitcoin’s biggest threat now comes from internal governance and proposed consensus changes that could weaken long-term network security. He noted BIP-110’s mandatory signaling window is due to begin around August 9 and current support stands at 2.64%, far below the 55% activation threshold, underscoring protocol upgrade and governance risks for Bitcoin and the wider crypto ecosystem.
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- Michael Saylor says Bitcoin’s biggest threat now comes from internal governance.
- Saylor warns changing Bitcoin’s rules could weaken its long-term security.
- BIP-110 nears signaling, but 2.64% support trails the 55% threshold.
Strategy Executive Chairman Michael Saylor argued that Bitcoin’s biggest risk is no longer governments, regulators or competing cryptocurrencies. Instead, he said the greatest danger comes from changes to Bitcoin’s own consensus rules as developers debate future protocol upgrades.
Saylor’s comments come as the debate around Bitcoin Improvement Proposal (BIP)-110 approaches a key milestone, with its mandatory signaling window expected to begin around August 9.
Saylor Says Bitcoin Must Protect Its Rules
Saylor said Bitcoin has won and now it must survive victory. He described Bitcoin’s consensus rules as the network’s constitution, saying…
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Michael Saylor Says Bitcoin Could Grow 100x but Warns Against Protocol Changes
