SerpApi.Org
Michael Saylor drew a sharp philosophical line on Tuesday, warning the Bitcoin community against the impulse to change the network's rules to prevent uses others disapprove of, and naming a specific proposal he believes crosses that line.
In a post on X, Saylor singled out BIP 110, a proposed change to Bitcoin's protocol, as an example of exactly the kind of thinking he argues is incompatible with Bitcoin's founding principles.
Statist and alien to this community
Saylor's objection isn't technical. It's ideological. "The impulse to change Bitcoin's rules merely to prevent others from using Bitcoin in ways you disapprove of is statist and alien to a community rooted in liberty, property rights, free markets, natural law, and Austrian economics," he wrote in the post.
The word "statist" is deliberate. Bitcoin was built on the premise that no central authority, government, institution, or developer consensus, should be able to dictate how individuals use their money.
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Saylor's argument is that BIP 110 applies the same logic Bitcoin was designed to escape, just from within the community rather than from outside it.
The phrase Saylor used to describe BIP 110's approach, "monetary purity by fiat", frames the proposal as a contradiction in terms.
Enforcing rules about how Bitcoin should be used through a protocol change is, in his view, the same mechanism as the monetary control Bitcoin was designed to replace. The tool changes. The logic doesn't.
Context from Strategy's own position
Saylor's pushback carries weight beyond the philosophical. Strategy has spent billions building a Bitcoin treasury model that depends on the network remaining open, neutral, and predictable.
Any protocol change that introduces new restrictions on how Bitcoin can be used or held threatens the foundational assumption his company's entire capital structure is built on.
His post makes clear that for Saylor, defending Bitcoin's rules isn't just an ideological position. It's a business one too.
Related: If you invested $1,000 in Bitcoin when Satoshi created it, here's what you'd have today
