Michael Saylor: Bitcoin Code Is a Constitution, Changes Are Attacks on 'Economic Rights'
The Strategy chairman's latest thread extends his war far beyond BIP-110: now covenants, larger blocks, and any base-layer change are all the same "constitutional offense."...
Key takeaways
- 1Michael Saylor argues Bitcoin's code functions as a constitution, treating all base-layer changes as constitutional violations.
- 2Saylor extends his opposition beyond BIP-110 to include covenants, larger blocks, and any base-layer modifications.
- 3The Strategy chairman frames protocol changes as attacks on Bitcoin users' economic rights rather than technical upgrades.
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Why it matters
This ideological stance influences Bitcoin governance debates and could impact India's crypto community as protocol development discussions intensify. Understanding key stakeholder positions on Bitcoin immutability versus scalability helps Indian investors assess long-term BTC value and network direction.
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