Michael Saylor: The biggest challenge for Bitcoin is the internal erosion of consensus rules
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Strategy founder Michael Saylor stated that the biggest challenge for Bitcoin in the future is the erosion of its consensus rules from within. Michael Saylor believes that Bitcoin’s consensus rules are like a constitution, and any modification of these rules is an infringement on the economic interests of participants. Michael Saylor specifically mentioned proposals such as BIP-110, arguing that they undermine the protocol’s neutrality, weaken the scarcity of block space, and increase security risks. Michael Saylor called for keeping Bitcoin’s base layer simple, neutral, scarce, and secure, and leaving innovation to the second layer and application layers.
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