Michael Saylor Says Changing Bitcoin's Code Is an Attack on Your Rights — Here's What He's Actually Arguing
4h ago · 1 source
MicroStrategy co-founder Michael Saylor has declared that Bitcoin's underlying code should be treated like a constitution, arguing that proposed changes to the protocol represent attacks on users' economic rights. His comments come amid ongoing debates in the Bitcoin community about protocol upgrades, specifically referencing BIP-110.
WHY IT MATTERS
Think of Bitcoin's code like the rules of a board game. If someone keeps changing the rules mid-game, it's hard to trust the game is fair. Michael Saylor is arguing that Bitcoin's rules should be treated like a country's constitution — extremely difficult to change — because millions of people have invested money based on those rules. A 'BIP' (Bitcoin Improvement Proposal) is basically a formal suggestion to change Bitcoin's code, and Saylor is pushing back against one called BIP-110. This debate matters because it gets at a fundamental question: should Bitcoin evolve like software, or stay locked in place like a founding document? The answer affects everyone who owns or uses Bitcoin.
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