Saylor's Bitcoin 'Constitution' đź“ś

Strategy chair Michael Saylor's latest missive declared Bitcoin's consensus rules a "constitution," framing any faction that rewrites them as committing economic theft.

Author

Stephen Graves
July 29, 2026

đź“ť What you need to know

Strategy chair Michael Saylor has widened his campaign against BIP-110, a proposal to curb non-financial data on Bitcoin, into a broader objection to changing the protocol at all.

In a tweet thread on Tuesday he framed the network’s consensus rules as a constitution, arguing that any faction rewriting them seizes other people's economic rights—including bigger blocks and covenants. Saylor’s argument builds on a 110-point essay he published last week, titled, "110 Reasons BIP 110 Is a Bad Idea."

BIP-110's signaling window opens in August, with miner support far below the 55% needed—suggesting that Saylor’s argument is gaining traction.

Michael Saylor: Bitcoin Code Is a Constitution, Changes Are Attacks on 'Economic Rights'

Michael Saylor has a problem with anyone trying to change Bitcoin, going beyond the BIP-110 contentious debate.

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