Saylor said that protocol changes on the Bitcoin network must be rare, conservative, and driven by necessity, not ambition. Michael Saylor believes Bitcoin has already succeeded but now faces its greatest challenge. He said the biggest threat is not an outside attacker but factions that seek to rewrite the network’s rules for their own interests. The executive chairman and co-founder of Strategy warned that such changes could weaken economic rights and undermine the cryptocurrency’s long-term future. Saylor Draws a Line on Upgrades In a recent post on X, Saylor described Bitcoin’s consensus rules as its “constitution,” and said that they define property rights, scarcity, settlement, and the balance of power across the network. As such, changing those rules for the benefit of any particular group would amount to an attack on every BTC participant, both now and in future generations. He said the cryptocurrency has the potential to grow 100-fold and become the foundation of global capital, but argued that even a single “corrupt” rule adopted today could limit future markets, technologies, and economic freedom. According to Saylor, governments and political systems often justify taking...
Saylor: Bitcoin’s Biggest Threat Isn’t Attackers – It’s Those Trying to Rewrite the Rules
1 week ago
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