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Michael Saylor: Bitcoin's "hard consensus" is its immune system, making bad protocol changes difficult to pass.
BlockBeats News, July 5, Michael Saylor stated that Bitcoin's "Hard Consensus" is its immune system. Transaction fees determine the price of block space, nodes are responsible for formulating network policy, miners are responsible for building blocks, and holders express their choices through capital allocation.
Saylor said that any protocol change must obtain overwhelming community consensus before it can be adopted, so bad ideas are eliminated before they become changes that harm the protocol.