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The Python virtual environment with Pyenv & Pipenv

There is a history of confusion around packaging and managing a python virtual environment. Do we use pyvenv? venv? virtualenvwrapper? Lately, other options have come out of the woodwork. The use of pyenv gives us the ability to manage python versions much like nvm and rvm, while Pipenv is the successor to pip itself and is slated to be merged in eventually.