# Lyn Alden: BIP 110 Could Trigger Bitcoin Chain Split

An analysis on Bitcoin's future and the risks of BIP 110.

- **Source:** [Stephan Livera Podcast](https://brifing.si/source/597843ae-8d51-4318-85aa-04c1d35f69c1)
- **Published:** 2026-07-22
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://podcasters.spotify.com/pod/show/stephan-livera/episodes/Lyn-Alden-BIP-110-Could-Trigger-August-Bitcoin-Chain-Split--SLP757-e3mde8t>
- **On Brifing:** https://brifing.si/s/f9810f10-f910-4f32-b8c4-3089ce280d52

## Impacts of BIP 110

Lyn Alden argues that BIP 110 will fail to solve spam issues and could instead increase the risk of a Bitcoin chain split. This poses a significant threat to Bitcoin's future.

## Bitcoin's Current State

Bitcoin is currently in the bottom decile of its cycle. This situation presents both risks and opportunities for investors. Lyn Alden evaluates Bitcoin's future performance.

## Fiscal Dominance

Lyn Alden explains how fiscal dominance has rendered traditional monetary policy tools ineffective. High debt-to-GDP ratios make it difficult to control inflation.

## Money Supply and Inflation

The US money supply continues to grow at an annual rate of 5-8% despite the Fed's flat balance sheet. This has a significant impact on inflation.

## Technology and Investment

Lyn Alden discusses whether semiconductors and software stocks are value traps or opportunities. She also suggests that AI could be the new dot-com bubble.

## Bitcoin-Backed Business Model

Lyn Alden proposes a Bitcoin-backed permanent capital vehicle. This model aims to acquire cash-flowing businesses and provides founders with equity upside post-sale.

## Sources covering this story

- https://podcasters.spotify.com/pod/show/stephan-livera/episodes/Lyn-Alden-BIP-110-Could-Trigger-August-Bitcoin-Chain-Split--SLP757-e3mde8t — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
