BlockBeats news, on July 21, Strategy founder Michael Saylor stated that attempting to alter Bitcoin's rules simply because one disagrees with how others use it is a nationalist impulse that contradicts the Bitcoin community's core values of freedom, property rights, free markets, and Austrian economics. BIP-110 essentially imposes "monetary purity" through statutory means, which is inconsistent with Bitcoin's decentralized ethos.
On the 19th, Michael Saylor opposed BIP-110, stating that its governance risks outweigh the issues it attempts to address. He argued that the proposal seeks to restrict, through consensus rules, transaction uses that are still valid and willing to pay fees, potentially elevating disputes over uses such as data storage to the protocol level.
BIP-110 proposes adding seven consensus restrictions over a one-year effective period, including limits on new script public key lengths, partial push data and witness item sizes, and disabling certain Taproot extension paths. It also lists 110 objections to BIP-110. He opposes the proposal’s 55% miner signaling threshold, arguing that it is significantly lower than BIP-9’s 95% standard, and criticizes the removal of the standard timeout and FAILED state, which could increase coordination failures, chain splits, and market uncertainty.
Saylor believes that tools such as block space fees, node forwarding policies, miner strategies, pruning, and Layer 2 solutions can address these issues without altering consensus. He emphasizes that even if rules are only temporarily in effect, the governance precedents established may persist long-term, making "the proposed governance solutions more dangerous than the problems themselves."