Today I want to talk about code.
I know, this newsletter is for professional investors and not developers – why aren’t we talking about price? Don’t worry, we will further down. But things are evolving with Bitcoin (BTC, +2.34%) technology that are worth keeping an eye on. While these changes have little to do with the short-term price movements, they are likely to play a significant role in bitcoin’s long-term value proposition.
Two things happened this week to make this top-of-mind: a new development funding source was announced, and progress is being made on a particularly ambitious protocol upgrade.
Before we go into more detail about why these are significant, let’s look at why Bitcoin development matters.
Source
https://www.coindesk.com/bitcoin-protocol-development-incentives-diversityTalking about code to investors
Stimulating article from Coindesk. Even Taproot gets a mention (data about the upgrade is a bit behind but that's ok).