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The Investor’s Perspective on the Bitcoin Taproot Upgrade

In June, Bitcoin miners signaled support for Taproot, a bundle of three upgrades to Bitcoin aimed at improving network security, privacy and scalability. This CoinDesk Research report looks into the merits of the upgrade from the investor’s perspective, outlines some potential drawbacks and issues a reminder that Bitcoin is an investment in technology.
George Kaloudis
George Kaloudis was a senior research analyst and columnist for CoinDesk. He focused on producing insights about Bitcoin. Previously, George spent five years in investment banking with Truist Securities in asset-based lending, mergers and acquisitions and healthcare technology coverage. George studied mathematics at Davidson College.
