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Michael Saylor posts against the BIP 110 proposal, emphasizing that Bitcoin should remain neutral, operate in an open market, and support permissionless innovation
PANews July 19, Strategy founder Michael Saylor posted a rebuttal against the BIP 110 proposal to restrict data storage use cases such as inscriptions. He said Bitcoin should stick to neutrality, open markets, and permissionless innovation, and should not target specific use cases through consensus rules. Saylor listed 110 reasons for opposing it, emphasizing that Bitcoin should remain conservative at the base layer. Bitcoin doesn’t need guardians of purity; it needs guardians of neutrality.