Michael Saylor, executive chairman and co-founder of Strategy, has spoken out against a new proposal to clean up “spam” from Bitcoin, arguing it could fundamentally change how the world’s largest blockchain operates.
Bitcoin Improvement Proposal (BIP) 110, aimed at temporarily restricting arbitrary data to focus on basic monetary functions, poses a threat to the network’s fundamentals, Saylor explained in a comprehensive review published on X, titled “110 Reasons Why BIP-110 is a Bad Idea.”
“The proposed cure is more dangerous than the disease,” Saylor said in the recent detailed analysis. “BIP 110 would use consensus to restrict valid activities, limit future options, complicate deployment, and set a precedent that it cannot later erase.”
Saylor’s main objection is based on the “no questions asked” nature of money. “Bitcoin cannot read intent,” Saylor writes. “The network cannot know whether the bytes represent an image, proof, contract, metadata, authentication record, or a future application,” explained.
By banning “spam,” the protocol would effectively elevate human judgment to protocol law, upending Bitcoin’s conservatism.
“Too aggressive”
Saylor is the latest Bitcoin executive to weigh in on this hotly debated topic within the Bitcoin community.
