Bitcoin Just Had a Governance Experiment That Failed, And That’s Kind of the Point There was an interesting development around $BTC recently that had nothing to do with price. BIP-110, a proposal connected to restricting certain types of data in Bitcoin transactions, failed to gain enough adoption to meaningfully change the network. Bitcoin governance is weird because there’s no CEO who can announce that everyone is upgrading next Tuesday. Developers can propose changes, miners can signal preferences, node operators can run whatever software they want, and users ultimately decide which version of Bitcoin they recognize as valuable. That makes changing Bitcoin painfully slow. But depending on your perspective, that's either an enormous weakness or one of its most important features. 🤷♂️ For an asset whose entire value proposition depends partly on predictable rules, maybe being difficult to change is exactly what you want. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
