Key Takeaways Michael Saylor published 100 arguments against BIP 110 on July 18, 2026. BIP 110 uses a 55% miner threshold, far below the standard 95% in BIP 9. Saylor warns the softfork could cut miner fee revenue as block subsidies keep halving. Saylor’s essay lists 100 numbered arguments against the proposal, which he says amounts to using Bitcoin’s consensus rules to discourage a disputed but currently valid category of transactions. He frames the piece as a critique of the proposal, not the developers behind it, and says he shares their underlying goals of affordable node operation and cheap payments. …