Strategy founder Michael Saylor voices opposition to BIP 110

Jinse Finance reported that on July 19, Strategy founder Michael Saylor published a long essay titled “110 Reasons BIP 110 Is a Bad Idea,” openly opposing the BIP 110 proposal that seeks to restrict inscriptions and other data storage uses. Saylor stated that although some inscriptions, tokens, or files may be worthless or even fraudulent, whether their existence should be limited by modifying the consensus rules is another matter. Saylor believes that Bitcoin cannot determine the purpose of data, and the protocol should remain neutral. Controversial transactions should be decided by the fee market, nodes, and miner strategies, rather than being banned at the consensus layer. He stated: Bitcoin does not need guardians of purity, but guardians of neutrality.