Michael Saylor Slams New Bitcoin Cleanup Plan as 'a Bad Idea'

Michael Saylor, one of Bitcoin's most famous supporters, is publicly fighting against a new plan to "clean up" the Bitcoin network.

Saylor is the co-founder of Strategy, the world's largest publicly listed company that holds Bitcoin. His firm owns a massive 843,775 BTC — worth about $54.31 billion.

What is the plan he opposes?

The plan is called BIP-110 (a "Bitcoin Improvement Proposal," which is a formal suggestion to change how Bitcoin works). Its goal is to stop people from storing random, non-money data — sometimes called "spam" — on the blockchain (the shared digital record of all Bitcoin transactions).

Supporters say it would return Bitcoin to its original purpose: being simple digital cash. Critics, like Saylor, say it's a form of censorship — deciding what people are allowed to do with the network.

Key details of the proposal:

• It would be a one-year temporary "soft fork" (a software update that adds new rules).
• It adds 7 new restrictions, like limiting the size of data attached to transactions.
• It lowers the approval threshold from the usual 95% of miners down to just 55%.

Saylor calls the lower 55% approval level "too aggressive." He fears it could cause a network split — where Bitcoin breaks into two competing versions, creating confusion in the market.

He also warns it could hurt Bitcoin financially. Fewer uses of the network means lower transaction fees. Since miners (people who run computers to secure Bitcoin and earn rewards) rely partly on those fees, weaker fees could reduce Bitcoin's overall security.

His alternative solution:

Saylor says people who dislike "spam" already have tools. They can adjust their own settings to ignore it, or let market fees naturally price it out — without changing the core rules for everyone.

The bottom line: Saylor argues Bitcoin should stay open and "permissionless" (meaning anyone can use it freely). As he puts it: *"Bitcoin does not need guardians of purity. It needs guardians of neutrality."*

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/tech/2026/07/19/bitcoin-s-biggest-advocate-michael-saylor-says-new-plan-to-clean-up-the-blockchain-is-a-bad-idea