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Pierre Rochard, CEO at The Bitcoin Bond Company, questions the legitimacy of BIP-110, describing it as a cargo cult that misuses bitcoin terminology in a bid for consensus.
Rochard reaffirms bitcoin's ongoing status as money and urges the community to focus on verification instead of trust.
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Rochard has previously stated that Bitcoin’s monetary policy relies on programmatic halvings, in contrast to what he described as a political process for Ethereum in earlier commentary. He has also argued that achieving widespread bitcoin acceptance will be a gradual and difficult process, according to prior remarks. Rochard’s recent comments continue his focus on verification and cultural persistence within the Bitcoin ecosystem.