Time
07:50
Michael Saylor: Bitcoin Protocol Changes Require Overwhelming Consensus to Avoid Network Harm
July 5, 2026
CoinFeed News
CoinFeed July 5 news, Michael Saylor stated on X platform that hard consensus is Bitcoin's immune system. Transaction fees determine the price of block space. Nodes set policy. Miners build blocks. Holders allocate capital. Protocol changes must obtain overwhelming consensus to ensure that bad ideas are eliminated before causing damage to the protocol.