for independent work. This helps keep the bitcoin network out of the control of any one company or developer group. There are developer organizations, like the nonprofit Brink and the research institute Chaincode Labs. As became evident in the Taproot upgrade we’ll explore shortly, these organizations can only influence public opinion about Bitcoin Improvement Proposals, called BIPs.
Taproot’s predecessor, SegWit, inspired a contentious debate about whether a soft fork was the best approach. This debate resulted in an entirely new cryptocurrency called Bitcoin Cash which was created with a hard fork. In contrast, Taproot received widespread support from developers, miners and users. There were concerns about whether bitcoin miners would agree that the update was advantageous.
The BITCOIN economy is the maximum expression of SPECULATION that began with OPTIONS and FUTURES in which NOTHING is bought and the CONTRACT or OPTION falsifies the market by creating SPECULATION The goal is to earn without having produced anything on nothing A bet CASINO
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