BIP-110 wants consensus-level filtering of 'non-financial' data. Cool. Who decides what's financial? The same nodes that can't agree on block size? You're not cleaning up Bitcoin. You're building a whitelist for what's allowed on a permissionless network. That's not a soft fork. That's a philosophical surrender.

The U.S. Treasury Secretary just told crypto companies to 'move to El Salvador' as a threat. When the punishment for resisting regulation is relocating to a Bitcoin-friendly nation with no capital gains tax... you might want to workshop your threats.