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Michael Saylor Opposes BIP 110 Proposal, Argues Bitcoin Must Maintain Neutrality and Permissionless Innovation

2026-07-19 00:12:05

BTC0.61%

According to PANews, Michael Saylor, MicroStrategy founder, today (July 19) opposed the BIP 110 proposal, which seeks to restrict data storage uses such as inscriptions. Saylor argued that Bitcoin should maintain neutrality, open markets, and permissionless innovation rather than using consensus rules to target specific use cases.

Saylor listed 110 reasons against the proposal, emphasizing that Bitcoin should remain conservative at the base layer. He stated Bitcoin needs guardians of neutrality, not guardians of purity.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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