The post Bitcoin Community Divided After Saylor Warns of Protocol Threats appeared on BitcoinEthereumNews.com. Some Bitcoin advocates interpreted his comments asThe post Bitcoin Community Divided After Saylor Warns of Protocol Threats appeared on BitcoinEthereumNews.com. Some Bitcoin advocates interpreted his comments as

Bitcoin Community Divided After Saylor Warns of Protocol Threats

2 min read

Some Bitcoin advocates interpreted his comments as criticism of efforts to expand Bitcoin beyond its monetary role, including non-monetary data and NFTs, while others rejected the framing and argued that software maintenance and upgrades are necessary for long-term security. The discussion also revived disagreement over proposals to limit non-monetary data on Bitcoin and coincided with the separate debate about quantum computing risks.

Bitcoin Developers Push Back on Saylor’s Warning

Michael Saylor reignited a long-running ideological debate in the Bitcoin community after warning that the biggest threat to the network is not external forces, but “ambitious opportunists” pushing protocol changes. The Strategy co-founder argued that Bitcoin’s resilience depends on resisting unnecessary modifications, which immediately drew sharp reactions from crypto social media.

Some Bitcoin maximalists interpreted Saylor’s comments as a critique of developers advocating for non-monetary use cases on Bitcoin, like NFTs, on-chain images, and other data-heavy applications. Justin Bechler suggested that what Saylor said was aimed squarely at those expanding Bitcoin beyond its core role as sound money. Others disagreed with Saylor’s framing altogether by arguing that technical evolution is essential for long-term security and relevance.

Investor Fred Krueger countered that quantum computing, not protocol experimentation, represents the most serious existential risk to Bitcoin. Meanwhile, Mert Mumtaz, CEO of Helius, strongly criticized Saylor’s position by calling it a “cancerous mindset” and arguing that all software, including Bitcoin, has historically required fixes and upgrades to address bugs and vulnerabilities. He warned against treating the protocol as infallible or freezing it in time.

The debate also resurfaced tensions around Bitcoin Improvement Proposal 110, a proposed temporary soft fork designed to limit non-monetary data stored on the blockchain. Some community members, including Mark of Bitcoin, pointed to ongoing “spam wars” as evidence that the network needs clearer rules around acceptable data usage, while others see such proposals as a slippery slope toward censorship and overreach.

Running parallel to this dispute is a broader argument about quantum computing and Bitcoin’s long-term cryptographic security. Nic Carter of Castle Island Ventures repeatedly urged the network to accelerate its transition toward post-quantum standards, and warned that waiting too long could be dangerous. 

Adam Back, CEO of Blockstream, pushed back on those claims, saying Bitcoin developers are already researching quantum defenses quietly and deliberately, without panic-driven changes.

Source: https://coinpaper.com/14023/bitcoin-community-divided-after-saylor-warns-of-protocol-threats

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Valour launches bitcoin staking ETP on London Stock Exchange

Valour launches bitcoin staking ETP on London Stock Exchange

The post Valour launches bitcoin staking ETP on London Stock Exchange appeared on BitcoinEthereumNews.com. Valour Digital Securities, a subsidiary of DeFi Technologies, has launched its Bitcoin Physical Staking exchange-traded product (ETP) on the London Stock Exchange, the firm announced on Friday. The listing expands Valour’s yield-bearing bitcoin product beyond mainland Europe, where it has traded since November 2024 on Germany’s Xetra market. The ETP is restricted to professional and institutional investors under current UK regulations, with retail access expected to open on October 8 under new Financial Conduct Authority rules. The product, listed under ticker 1VBS, is physically backed 1:1 by bitcoin held in cold storage with Copper, a regulated custodian. It offers an estimated annual yield of 1.4%, which is distributed by increasing the product’s net asset value (NAV). Yield is generated through a staking process that uses the Core Chain’s Satoshi Plus consensus mechanism. Rewards earned in CORE tokens are converted into bitcoin and added to the ETP’s holdings. Valour has emphasized that while the process involves short-term lockups during stake transactions, the underlying bitcoin is not subject to traditional staking risks such as slashing. The launch comes as the UK begins to loosen restrictions on crypto-linked investment products. Earlier this year, the Financial Conduct Authority moved toward allowing retail access to certain crypto exchange-traded notes and products, a shift that will test demand for regulated, yield-bearing bitcoin exposure. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/valour-launches-bitcoin-staking-etp
Share
BitcoinEthereumNews2025/09/20 02:48
USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns

BitcoinWorld USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns In a stunning development that captured global cryptocurrency
Share
bitcoinworld2026/02/06 21:45
The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

The market value of NFTs has fallen back to pre-2021 levels, close to $1.5 billion.

PANews reported on February 6th, citing Cointelegraph, that the global NFT market capitalization has fallen below $1.5 billion, returning to pre-2021 levels. This
Share
PANews2026/02/06 21:13