Michael Saylor, CEO and co-founder of Strategy, has come out against a new proposal to clean up Bitcoin “spam,” arguing it could fundamentally alter how the world’s largest blockchain operates.
The Bitcoin Improvement Proposal (BIP) 110, which aims to temporarily restrict arbitrary data to focus on core monetary functions, is a threat to the network’s fundamental principles, 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 limit valid activity, limit future options, complicate deployment, and set a precedent that cannot be erased later.”
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, a proof, a contract, metadata, an authentication record or a future application,” he argued.
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 among the Bitcoin community.
