Woofun AI reports that Michael Saylor, executive chairman of Strategy, released a comprehensive 110-point argument against the proposed Bitcoin soft fork, BIP-110. The proposal seeks to restrict arbitrary data embedding technologies, such as Ordinals and inscriptions, by tightening consensus rules within approximately one year. Saylor argues that BIP-110 would invalidate currently valid, fee-paying transactions through consensus changes, noting that Bitcoin cannot discern data intent. He warns that imposing such restrictions establishes a lasting governance precedent, even if the specific rules expire.

Additionally, he criticized the activation mechanism for lowering the miner signal threshold from 95% to 55% and removing natural expiration options. Current monitoring data indicates miner support remains below 1%, with the mandatory signal window scheduled to open in August and an estimated activation date of September 1st. Saylor’s position aligns with Blockstream CEO Adam Back, Casa’s Jameson Lopp, and Samson Mow, while facing opposition from developer Luke Dashjr and the Bitcoin Knots camp.