That is factually not his mindset. He said explicitly “no protocol changes”. That isn’t cautious thats refusal to do anything at all, and Bitcoin has multiple bugs we need to address.
Discussion
Please cite your source on him explicity saying "no protocol changes"
I’m eyeballing the timeline not rewatching so excuse a rough estimate: at like 120 he says”just don’t F with the protocol, and around 127 he says “don’t inflate the network” and goes on to define inflation as adding scalability and features. So no scalability and no features or any kind should be added. Saying we cannot make any attempt to scale is ridiculous. This means Bitcoin is only for rich people and 99% of the world it’s just pick your custodian.
If you're going to claim he said no protocol changes, you're going to need to provide a citation.
My position is, he never uttered those words. He is in favour of a conservative approach to development, not "no development".
I suggest people stop misrepresenting him.
Plain as day. Saylor is in favour of "thoughtful, principled development".
He goes on to define that development as only non protocol changes like making nodes run better. At 127 he specifically says no feature changes and no scalability improvements. Let’s set aside a somewhat semantics argument, no scalability changes just means only the 1% can hold Bitcoin sovereignly and for 99% of the planet you can just pick a custodian. That’s just money for rich people all over again.