'Greatest Risk' to Bitcoin Identified by Strategy's Saylor - U.Today

BTC3,74%
ORDI4,5%

In a recent social media post, Strategy CEO Michael Saylor has identified protocol mutability (specifically, the push for complex new features ) as the “greatest risk” facing Bitcoin.

The provocative social media implies that"ambitious opportunists advocating protocol changes" could potentially undermine the main value proposition of the world’s flagship cryptocurrency, which is immutability

Targeting activist Bitcoiners

The co-founder of the leading BTC treasury firm specifically took aim at a growing faction of developers and “activist” Bitcoiners who advocate for ambitious changes.

He is likely referring to controversial upgrades like BIP110, which is meant to aggressively limit arbitrary data storage.

The proposal was authored pseudonymous developer named Dathon Ohm in late 2025. It is widely viewed as a proxy war for Luke Dashjr’s long-standing “anti-spam” philosophy. The main software implementing BIP-110 is Bitcoin Knots, which is the client maintained by the controversial Bitcoin developer

The soft fork has so far gained support from more than 2% of all of the Bitcoin nodes

The tension between the two escalated in 2024–2025, surrounding MicroStrategy’s launch of “MicroStrategy Orange,” a decentralized identity protocol built directly on Bitcoin using Inscriptions

Saylor has defended the right of users to inscribe data (JPEGs, IDs, text) on Bitcoin as long as they pay the required fees.

Dashir labeled Inscriptions and Ordinals as an “attack” on Bitcoin. He has advocated for strict code updates.

“Nobody in the Knots/BIP-110 is an opportunist, because none of us make any money from reckless protocol development. We simply want to keep our savings safe and preserve Bitcoin as sound money for future generations,” a proponent of Dashir wrote in response to Saylor’s latest social media post

There are also those who explicitly advocate for ossification. “Stop changing Bitcoin. It isn’t broken,” Manna founder Adam Simecka said

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Enters DeFi Era as Hashi Builds on Sui Blockchain

_Hashi launches on the Sui blockchain to bring Bitcoin lending, yield, and DeFi services with support from BitGo, Bullish, and FalconX institutions._ A new finance protocol called Hashi plans to bring Bitcoin into decentralized finance. The project is being built on the Sui blockchain.

LiveBTCNews45m ago

Bitcoin Rejects $76K as War and PPI Rock Markets

_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._ Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for

LiveBTCNews56m ago

BTC breaks through 71,000 USDT, 24-hour gain of 3.23%

Gate News: On March 23rd, market data shows that BTC broke through 71000 USDT, currently trading at 71006.7 USDT, with a 24-hour increase of 3.23%.

GateNews1h ago

Mt. Gox Transfers $500 in $BTC Following Months-Long Silence

Mt. Gox, the defunct Bitcoin exchange, executed its first transaction in four months, moving $500 in Bitcoin. This has stirred speculation about its future actions ahead of a December claims deadline for creditors, potentially impacting Bitcoin's market.

BlockChainReporter2h ago
Comment
0/400
No comments