There's been a lot of discussion in 2021 about Bitcoin moving along the path of Ethereum because the Taproot update introduced smart contracts.
But they're not full smart contracts. They have much less features than the smart contracts in the Ethereum blockchain.
They are only needed to extend the capabilities of the Bitcoin transactions and optimize the network.
Many people think that smart contracts just can't be implemented in the BTC blockchain, because it was created for a different purpose.
But in fact, there are ways to add smart contracts to the BTC network without harming its security for a long time now.☝️
Developers are deliberately not adding smart contracts because even a small increase in the technical complexity of the blockchain is unacceptable.
Bitcoin's current development does not require many people and there is no need to compete.
BTC is designed for one purpose only:
to store value.
Any additional features create system risks.⚠️
It's also simpler for users who don't need to understand smart contracts, gas fees and other aspects.
Simplicity makes BTC easier to use and more accessible.
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