In brief

Bitcoin has won. Now it must survive victory.

Its gravest threat is not an enemy at the gates, but corruption from within: factions that invent pretexts, rewrite the rules, and seize economic rights until freedom becomes permission and law becomes loot.

— Michael Saylor (@saylor) July 28, 2026

Obvious substantive flaws

It lumps three opposing policy directions together.BIP-110 reduces certain permitted data uses; covenants add functionality; larger blocks add capacity. They are not one coherent faction or agenda. The only shared property is that they propose changing…

— Fred Krueger #BIP-110 (@dotkrueger) July 28, 2026