'Opportunists' pushing protocol changes are BTC's biggest threat: Saylor

Major changes to the Bitcoin protocol should be well-thought-out and rare, Strategy co-founder Michael Saylor previously said.

The biggest threat to the Bitcoin network is “ambitious opportunists” who want to push through protocol changes, according to Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy.

Saylor’s comments sparked a debate online. Bitcoin maximalist Justin Bechler said the comments were directed toward software developers pushing for non-monetary use cases on Bitcoin, such as non-fungible tokens (NFTs) and onchain images in blocks.

“The greatest risk to Bitcoin is quantum,” investor Fred Krueger said, while others like Mert Mumtaz, the CEO of remote procedure call (RPC) node provider Helius, disagreed with Saylor. Mumtaz said:

Read more