Michael Saylor Warns BIP-110 Could Be Bitcoin’s Biggest Self-Inflicted Threat

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Michael Saylor Calls BIP-110 <a href="https://jpygbp.com/btc-usd/">Bitcoin</a>’s Biggest Self-Inflicted Risk

According to MicroStrategy co-founder Michael Saylor, Bitcoin has become the dominant force in the global conversation about digital assets. However, he believes that proposed changes to the Bitcoin protocol, specifically BIP-110, pose the biggest risk to its future.

David Bailey, the organizer of the Bitcoin Conference, has invited supporters of BIP-110, which is sparking further discussion and deepening the divide within the Bitcoin community.

BIP-110 suggests a new way to choose which new block is added to Bitcoin. Instead of automatically accepting the longest chain of blocks, it would let miners vote on which valid block they prefer.

Essentially, it aims to improve how Bitcoin reaches agreement and protect it from specific types of attacks by miners.

Why the BIP-110 Debate Matters Now

According to Saylor, the price of Bitcoin is currently more influenced by investments from institutions than by the predictable events known as ‘halving cycles’.

He believes the traditional four-year price cycle for Bitcoin is over and that future growth will depend on bank loans and digital lending.

The most concerning point raised focused on how Bitcoin’s rules are developed. The MicroStrategy executive believes that poorly thought-out changes to the protocol pose the greatest threat to Bitcoin’s success.

Bitcoin has firmly established itself as a leading digital asset. The previously observed four-year price cycles are no longer reliable, as price movements are now primarily influenced by where money is flowing. Future growth will likely depend on traditional banking and the expansion of digital lending. However, the biggest threat to Bitcoin comes from poorly conceived changes to its underlying technology.

— Michael Saylor (@saylor) April 4, 2026

The term “iatrogenic” refers to harm that happens as a result of medical care, like a test, treatment, or advice given by a doctor or other healthcare provider.

This issue directly relates to the debate surrounding BIP-110. Proposed by developer Dathon Ohm and supported by the Bitcoin Knots team, this Bitcoin Improvement Proposal suggests a temporary, one-year change to the Bitcoin rules. This change would limit the non-financial information included in Bitcoin transactions.

It focuses on inscriptions on Ordinals, BRC-20 tokens, and large amounts of data added to the blockchain (called OP_RETURN payloads). Critics argue these things make the blockchain larger and create problems for those who help run it.

A Community Split in Two

The first block signaling support for BIP-110 was mined by the Ocean pool in March 2026.

The first BIP-110 signaling block was mined by OCEAN an hour ago.

— hodlonaut #BIP-110 (@hodlonaut) March 1, 2026

Those who support this change see it as essential to protecting Bitcoin’s role as reliable money. They believe that including unnecessary data alongside transactions creates unfair competition with legitimate payments and increases costs for regular users.

Those who disagree have a different view. Adam Back, CEO of Blockstream, cautioned that changing the fundamental rules of Bitcoin could harm its reputation as a reliable way to store wealth.

He argued the proposal risks setting a precedent for future transaction censorship.

While the technical limitations of BIP-110 can be worked around, the harm it does to Bitcoin’s core principles cannot. Bitcoin’s power comes from its reliable promise of stable, predictable rules. BIP-110 jeopardizes this, and Bitcoin’s ability to improve over time, all for a spam filter that isn’t even effective. This isn’t an improvement; it’s…

— Adam Back (@adam3us) March 16, 2026

There’s still debate about how much mining power needs to signal support for this change to activate. A proposal called BIP-110 suggests a threshold of 55% of the network’s hashing power, which is much lower than the 95% typically needed for Bitcoin upgrades.

Bailey, who leads Nakamoto and created BTC Inc., admitted he had made fun of people who supported BIP-110 on the internet.

I’ve teased the idea a bit, and I expect some strong opinions, but I genuinely want to say that everyone supporting BIP-110 and Knots is welcome at @TheBitcoinConf. I strongly disagree with your views, but I believe connecting in person can be a valuable experience for everyone.

Good morning!

— David Bailey🇵🇷 $2.0mm/btc is the floor (@DavidFBailey) April 4, 2026

Many people who support BIP-110 saw the action as a publicity stunt meant to boost ticket sales, not a sincere attempt to find common ground.

Both the Bitcoin 2026 Conference and a Federal Reserve meeting are happening around the same time in late April, which could significantly impact Bitcoin’s price.

The process for signaling BIP-110 is still underway, and a decision about whether to fully activate it is expected sometime in late 2026.

The debate centers around whether Bitcoin should stick to being a basic form of money, or if it should evolve to support more complex features directly on its blockchain.

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2026-04-04 20:13