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Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money
Jul 8, 2026
< 1 min read
by Wayne Jones
for CryptoPotato
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Bitcoin maximalist Justin Bechler warned that failure to pass BIP-110 would leave Bitcoin under control of a 'fiat funding apparatus' and strip the network of its permissionless, censorship-resistant properties. He framed the outcome as a governance and security risk for crypto and Bitcoin adoption, with negative implications for decentralization and market confidence.
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Bitcoin maximalist Justin Bechler has warned that the failure of BIP-110 would leave BTC permanently under the control of what he called a “fiat funding apparatus.”
He also argued that the network would lose its role as permissionless, censorship-resistant money.
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