Michael Saylor said on X on July 29 that Bitcoin has "already won," but that its biggest challenge is not an external enemy. He said the main threat comes from internal governance risks, including factions that create reasons to change rules and capture economic rights. According to PANews, Saylor warned that this could turn freedom into permission and law into plunder.
Saylor said Bitcoin's consensus rules are its "constitution," defining asset ownership, scarcity, settlement mechanisms, and the power structure. He added that any move to change consensus rules to satisfy the interests of a specific group would damage the economic rights of current participants and future generations.
Bitcoin Has Won, but Internal Governance Risks Remain, Michael Saylor Says
2026-07-28 16:33:41
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