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from ark May report
What is the cause? Lack of developers, or political deadlock?
Taproot looks like the top.
2021?
What happened in 2014?
Who would have thought that in a global, neutral monetary network...Changes would be extremely slow and cautious?
Yeah the bigger its market value in dollars gets, the more careful the dev community is with changes. This is not some shitereum that comes up with a new “roadmap” every two years.
Wait. They are bearish on this, but then they explain its meaning in the third bullet point and frame it as a positive thing. What am I missing?
Being bearish doesn't automatically mean it's all bad news!
Good. They've done enough damage.
What is the cause? Lack of developers, or political deadlock?
Taproot looks like the top.
2021?
What happened in 2014?
Who would have thought that in a global, neutral monetary network...
Changes would be extremely slow and cautious?
Yeah the bigger its market value in dollars gets, the more careful the dev community is with changes. This is not some shitereum that comes up with a new “roadmap” every two years.
Wait. They are bearish on this, but then they explain its meaning in the third bullet point and frame it as a positive thing. What am I missing?
Being bearish doesn't automatically mean it's all bad news!
Good. They've done enough damage.