Bitcoin protocol changes demand overwhelming alignment, Michael Saylor notes

Bitcoin protocol changes demand overwhelming alignment, Michael Saylor notes
Bitcoin thrives on consensus and alignment

Michael Saylor emphasizes that Bitcoin’s resilience stems from hard consensus across its network participants.

He outlines that transaction fees determine block space value, nodes define policy, miners construct blocks, and holders allocate capital. Saylor stresses that protocol changes must achieve broad alignment to prevent potentially harmful modifications to Bitcoin’s foundation.

Saylor previously recounted how a drop in Bitcoin’s price in October 2022 left Strategy with debt surpassing its BTC and cash value. He also discussed Bitcoin alongside digital credit at the Goldman Sachs Digital Assets Conference in London. These appearances reflect his continued focus on the stability and structure of digital assets.

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