Elon Musk And Satoshi Nakamoto Making Millionaires At Record Pace
Millionaire Bitcoin Addresses Go Parabolic As BTC Price Crosses $20K. Elon Musk And Satoshi Nakamoto Making Millionaires At Record Pace
Early BTC miners with the foresight to hodl have now become millionaires.
Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week — an increase of 150%.
The rise of millionaire wallets is attributable to early miners retaining their Bitcoin over the years, culminating with the asset’s latest surge above $20,000.
As Glassnode Tweeted On Thursday:
“$BTC crossing $20k has turned all early miner addresses (50 BTC block rewards, unspent or lost) into millionaire addresses.”
The Number Of BTC Addresses Holding At Least $1 Million By Glassnode
The tweet was accompanied by a chart showing the number of millionaire addresses at or near record highs, with the last major peak coinciding with Bitcoin’s late-2017 top.
Bitcoin’s rally intensified on Thursday, zipping through $23,000 with very little resistance. On-chain data suggests another parabolic move could be imminent as BTC enters a new phase of price discovery. At current values, Bitcoin has a total market capitalization of nearly $430 billion.
While early Bitcoin miners benefited from larger block rewards, they were operating in a market that was highly speculative and much more volatile than today. Today’s miners receive only 6.25 BTC per block but have greater assurances that their efforts will be rewarded as Bitcoin evolves from an obscure, esoteric concept to a mainstream digital asset.
As Cointelegraph recently reported, cryptocurrency mining has evolved from a small endeavor to an industrial business as more entities look to capitalize on Bitcoin’s network infrastructure. Institutional inflows have made mining the digital asset more appealing than ever before.
Currently, miners produce roughly 900 BTC per day — a quantity that is being quickly consumed by institutions and businesses, many of which are recent adopters.
Elon Musk Has Made Millionaires Out of His Most Loyal Fans
They bought Tesla shares early and kept the faith. After a dizzying year, with the stock up more than 700%, is it time to cash in?
Brandon Smith does not own one of Tesla Inc.’s sleek electric cars. In the small town south of Milwaukee where he lives, even seeing one on the road is rare.
But in late June 2017, Smith poured $10,000 of savings into Tesla’s stock. He said it was the first time he’d ever invested in a company. That was just the start. Each paycheck, Smith, a video producer, would pay his bills and then buy additional shares with the rest, ultimately putting about $90,000 into the volatile stock.
“I don’t make six figures, and I don’t know anything about puts and options,” Smith, 32, said in a phone interview. “I’ve just bought and held the entire time. I’ve never sold a single share.”
Now Smith has joined the ranks of the “Teslanaires,” as some of the company’s investors call themselves, with a holding that he says has ballooned to over $1 million, fueled by a rally of nearly 731% this year as of Friday’s close.
On Monday, Tesla will join the S&P 500 Index, a huge milestone for Elon Musk and the company he’s led as chief executive officer since 2008. It’s also a big day for the legions of retail investors who flocked to Tesla’s clean-energy mission and rode out numerous storms — production misses, Elon’s tweets and even the pandemic market crash.
Those who held on have been handsomely rewarded: Tesla’s shares have soared this year after five consecutive quarters of profits and growing sentiment on Wall Street that the shift toward electric vehicles is accelerating.
Where the stock heads from here is up for intense debate. To begin with, investors and analysts still wrangle over what Tesla is: A car company? A clean-energy behemoth? A technology company?
There’s also disagreement over how it should be valued. Goldman Sachs has a price target of $780, while JPMorgan Chase’s is down at $90.
You don’t have to work on Wall Street to get deeply into the weeds on Tesla’s operations and finances. A dense, sprawling ecosystem of podcasts, Reddit threads and YouTube channels dedicated to nearly every facet of Tesla makes it possible to learn about the company without ever reading an analyst report.
There are countless forums and regional owners’ clubs that gather on Zoom or meet up to check out Tesla’s latest Supercharger station. Ryan McCaffrey’s weekly “Ride the Lightning” podcast is in its fifth year, and Rob Maurer’s “Tesla Daily” drops every weekday.
Smith said he probably spends two to three hours a day learning about Tesla, often scrolling through the forums on his lunch hour.
Tesla has fully embraced retail investors like no other publicly traded company. Its quarterly earnings calls regularly feature crowd-sourced questions.
During a contentious earnings call in May 2018, Musk chided Wall Street analysts for asking dry and “boring, bonehead” questions. “We’re going to go to YouTube,” he said, and then allowed Gali Russell, the host of a financial talk show geared toward millennials, to ask questions for 23 minutes.
On a January earnings call, Musk said he thinks retail investors have “deeper and more accurate insights” than many institutional investors and analysts.
Laura Goldman, 62, says New York-based analysts missed how much appeal the company holds for a younger generation that’s deeply worried about the climate crisis. Goldman, a former stockbroker, doesn’t even own a car — let alone a Tesla.
She bought 300 of the company’s shares in the fall of 2010, a few months after its IPO, and picked up more stock over time.
All the while, Goldman says that legacy automakers like General Motors Co. and Ford Motor Co. appeared to sit on the sidelines as the electrified future arrived. “I have rich Republican friends,” she said.
“When they started buying Tesla cars, that convinced me to hold onto the stock.”
As of Thursday, she was close to joining the ranks of paper millionaires, saying her Tesla shares were worth nearly $984,000. She notes how Musk is often portrayed as crazy — as if that’s a negative. But the billionaire’s version of crazy is a willingness to push boundaries, she said, and she believes that’s the reason Tesla has succeeded.
Then there are the investors in Tesla’s stock who are also proud owners of the company’s cars.
Basel Termanini, 60, took delivery of his first Tesla — a Model S — on Christmas Eve 2012. He’s owned seven and currently drives a Model Y in Pittsburgh, where he is a doctor. “Driving a Tesla is like the difference between a black-and-white TV and color,” Termanini said in a phone interview. “Once you drive a Tesla, you can’t go back.”
Termanini invested in the company a few months after the June 2010 IPO and says his investment has grown to over $2.5 million, between options and stock. He has traded over the years but he’s not selling now, a decision that’s made easier by the fact that he has a diversified portfolio.
Basel Termanini, A Syrian-Born Doctor Who Lives In Pittsburgh, Says His Two Passions Are The Syrian American Medical Society And Tesla.
Investing in a single company — particularly one as historically volatile as Tesla — is risky. But the appeal of the sector is easy to understand.
“Electric vehicles are one of the areas of the energy transition that individual people can very much relate to,” said Colin McKerracher, head of transport analysis at BloombergNEF. “Mobility is personal in a way that decarbonizing electricity supply, for example, is not. The way you turn on your lights is still going to be the same whether it was powered by solar or gas and coal in the past. The way you drive looks and feels different in this new era, and I wouldn’t underestimate the excitement that’s creating for investors.”
The question for many of these Teslanaires is what to do now. Spread some risk into other investments? Sell to pocket some of the gains? Or stick with Musk?
Goldman said she’ll be watching closely to see how the stock trades as part of the S&P 500, since that means Tesla will appear in more mutual funds and large institutional holdings.
“The volatility and the fanatics in the stock are part of what made investing in Tesla so fun,” she said. “It was fun to be part of the anti-establishment. It’s not as fun to be part of the S&P.”
Smith doesn’t have an exit strategy for his Tesla investment, though he’s begun thinking of finally building, or buying, his own house. Currently, he and his brother share a house that their grandfather built in Cudahy, Wisconsin.
Monday — the day Tesla joins the S&P — is his 33rd birthday. He remains bullish on Tesla’s future, pointing to what he sees as the growth still to come.
“The next big thing is fourth-quarter deliveries, when Tesla could reach 500,000 deliveries for the year,” said Smith, who has a Cybertruck T-shirt and was able to get a bottle of “Teslaquila” before it sold out. “Then you have the new battery production in Texas and the Cybertruck, which doesn’t even need a paint shop. There’s the energy side of the business. I don’t think people realize the scale of Tesla’s ambitions.”
Elon Musk Debates How To Give Away World’s Biggest Fortune
Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $209.3 billion as of Friday. What he does with it will be closely watched.
Judging by Twitter, the Tesla Inc. co-founder’s preferred medium of communication, philanthropy is on his mind. One of his first reactions on becoming the wealthiest human — after an initial shrug — was to solicit advice on how to give it away.
Btw, critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems)
Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg Billionaires Index of the world’s 500 wealthiest people.
Longtime No. 1 Bill Gates and his friend Warren Buffett, co-founders of the Giving Pledge initiative that urges the ultra-wealthy to donate at least half their fortunes, have each given away tens of billions in cash and stock. Even Jeff Bezos, who has been criticized for being slow to establish himself as a philanthropist, has stepped up his game. He pledged to give $10 billion to issues related to climate change last year and handed out $791 million to 16 environmental groups in November.
Despite signing the Giving Pledge, Musk has done relatively little publicly in the way of charity. He’s donated more than $257 million to the Musk Foundation — equivalent to about 0.1% of his current net worth — which in turn distributed $65 million between 2016 and 2018 to about 200 nonprofits, according to an analysis by Quartz.
Had Gates not donated so much — or Bezos not gotten divorced — then their fortunes would be much bigger, possibly greater than Musk’s.
Yet Musk has indicated that the reason he’s accumulating wealth is to give it away, or at least redirect it to his passion projects, namely, space exploration. “It’s going to take a lot of resources to build a city on Mars,” he told German publisher Axel Springer last month. “I want to be able to contribute as much as possible.”
“It’s impossible to overstate the potential his fortune could have,” said Benjamin Soskis, senior research associate at the Urban Institute’s Center on Nonprofits and Philanthropy. “We’re dealing with a scale which is difficult to fathom.”
The surge in Musk’s wealth means he’ll need to greatly increase the pace of donations to have any shot at fulfilling his pledge to give more than half away, Soskis said. “He needs to be much more aggressive than he’s being now.”
The question from philanthropy experts is how Musk will go about doing so. The world’s richest people have taken a variety of approaches: Gates has become both a full-time philanthropist and public figure in areas like public health. Twitter Inc. co-founder Jack Dorsey has made his giving transparent by posting each donation to a publicly available spreadsheet.
By turning to Twitter to get suggestions for donations, Musk is following in the footsteps of Bezos, who sent out a similar tweet requesting ideas from his followers in 2017. MacKenzie Scott, Bezos’ ex-wife, has pioneered another model for billionaire giving: approaching hundreds of nonprofits and educational institutions and handing over big checks with no strings attached. Her gifts in 2020 totaled nearly $6 billion.
Brian Mittendorf, an Ohio State University professor who studies nonprofits, suggested Musk follow Scott’s lead and restrain his instincts to innovate.
“A trap that many wealthy philanthropists fall into is a desire to reinvent philanthropy on their own, rather than rely on those who already have expertise and experience but simply need the funds in order to expand their impact,” he said.
CFOs Hesitate To Invest In, Handle Bitcoin Due To Volatility
Finance chiefs are watching closely after Tesla disclosed a $1.5 billion purchase this week.
Chief financial officers are watching closely after Tesla Inc. this week disclosed a $1.5 billion investment in bitcoin and Twitter Inc.’s Ned Segal mused publicly about potentially paying employees or vendors using the cryptocurrency.
Many CFOs remain hesitant to follow suit. Some point to the volatile price of bitcoin, which could have negative effects on their balance sheets, and question whether the practical uses of bitcoin are worth the risk. Companies’ investing policies in some cases prohibit them from holding digital assets.
The value of Bitcoin more than quadrupled in 2020 and rose further this week following Tesla’s disclosure. It was trading $48,163 on Thursday, up over 6% from Wednesday, according to Coinbase, a digital currency exchange.
CFOs said the swings in the price of bitcoin, which has seen drastic rises and falls in recent years, make it difficult to navigate, similar to holdings of foreign currencies experiencing strong volatility. “One of the risks is that it introduces something similar to currency volatility to the balance sheet and the day-to-day operations of the business,” said Matthew Ellis, finance chief of Verizon Communications Inc.
The telecommunications company currently has no plans to enable bitcoin for payments, Mr. Ellis said, adding that it would bring an added level of complexity to the business.
R. Scott Herren, the finance chief of Cisco Systems Inc., said customers aren’t demanding to pay in bitcoin. “We looked at this pretty hard when I was at Autodesk, as a way of accepting payment”, Mr. Herren said, referring to his time as CFO of the San Rafael, Calif.-based software company. Autodesk Inc. in the end decided against permitting bitcoin as a form of payment, mainly due to volatility and risks around converting it into a regular currency, Mr. Herren said.
Roxi Wen, the CFO of Mozilla Corp., said she is following discussions around bitcoin, but doesn’t consider it an asset worth holding on the balance sheet. While Mozilla, the organization behind the Firefox internet browser, might invest in early-stage ventures related to bitcoin, it wouldn’t allocate its corporate cash to it. “I don’t see us trying to ride the market and benefit from bitcoin or any coin,” Ms. Wen said.
Mr. Segal, Twitter’s CFO, said Wednesday the company continues to review potential uses of the digital currency. His Chief Executive Jack Dorsey is a bitcoin advocate. Payment company Square Inc., which Mr. Dorsey also leads, recently acquired about $50 million worth of bitcoin for its corporate treasury.
Finance chiefs face an accounting challenge when dealing with bitcoin and other digital assets. Because they don’t meet the requirements for cash, inventory or financial assets under current accounting standards, digital currencies have to be treated as indefinite-lived intangible assets, similar to trademarks or perpetual franchises. Companies have to test the value of these assets for impairments, meaning that potential falls in bitcoin could result in write-downs.
CFOs also have to make sure that they are permitted to invest in bitcoins under their company’s investment policy. Tesla on Monday said its board had greenlighted amendments to its investment policies, adding that it can also invest cash in gold bullion and gold exchange-traded funds among other assets.
German software giant SAP SE, currently can’t make similar investments in bitcoin due to the company’s investment policy, which doesn’t cover cryptocurrencies, according to a spokeswoman. Still, the company said it would monitor future developments in terms of bitcoin as a potential strategic investment option, a spokeswoman said.
Online-dating company Match Group Inc. also might have to alter its investment policy to be able to make such an investment, according to Chief Operating Officer and CFO Gary Swidler.
“I am not sure we want to get into that level of speculative currency with our balance sheets,” Mr. Swidler said.
Debbie Clifford, CFO of SVMK Inc., the parent of online-survey company SurveyMonkey, said speculative assets such as bitcoin are a tough sell for small companies that are focused on growth, but may appeal to larger, mature companies.
“I see those companies looking at new and interesting ways to drive value for shareholders with the capital they have to work with,” she said. “We have discussed bitcoin but have not seriously considered investing in it given our current capital structure.”
Elon Musk: ‘Only A Fool’ Wouldn’t Seek Non-Fiat Investments
With real interest rates trending negative, Tesla’s CEO Elon Musk believes “only a fool” would ignore alternative investment opportunities.
On Feb. 19, Musk responded to comments made by Binance CEO Changepeng Zhao to Bloomberg in which CZ expressed his surprise at the Tesla executive’s “gung-ho” pronouncements regarding Dogecoin.
Tesla co-founder and hypothetical Dogecoin (DOGE) CEO Elon Musk has asserted that “only a fool” would not seek out alternative investments to fiat currency given current interest rates on Twitter today.
During the interview, CZ implied that Tesla’s recent decision to invest $1.5 billion or 7.7% of its treasury into Bitcoin (BTC) likely evidenced Musk’s deep support for Bitcoin.
On Twitter, Musk said, “Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company.”
Responding to the insinuation from Musk that he personally holds DOGE in higher esteem than BTC, Blockstream CSO Samson Mow said, “You’re just sad you didn’t buy sooner.”
However, Musk also asserted it would be foolish not to seek out alternative investments while “fiat currency has negative real interest”:
“When fiat currency has negative real interest, only a fool wouldn’t look elsewhere. Bitcoin is almost as bs as fiat money. The key word is ‘almost.’”
Elon Musk’s Twitter account has been deemed the catalyst for Dogecoin’s dramatic recovery from the r/Wallstreetbets-led pump and dump that targeted the meme-coin at the end of January, with the billionaire describing DOGE as “the people’s crypto.”
However, Musk tweeted on Feb. 15 to warn of the heavy concentration of Dogecoin’s supply within the hands of a small number of whales, offering to pay the top DOGE holders to void their accounts.
Elon Musk Says Bitcoin Prices ‘Seem High’ After Record Week
Bitcoin surged to another record on Saturday after reaching more than $1 trillion in market value for the first time, leaving some of its biggest backers in a state of wonderment.
In a tweet, Elon Musk said Bitcoin prices “seem high.” The world’s richest person was replying to Peter Schiff — a crypto skeptic and gold bug — who said the precious metal is better than Bitcoin and fiat money.
“Money is just data that allows us to avoid the inconvenience of barter,” Musk tweeted. “That data, like all data, is subject to latency & error.” In a following post, he added, “that said, BTC & ETH do seem high lol.”
Musk earlier called Bitcoin a “less dumb” version of cash. The largest cryptocurrency rose as much as 3.4% to a record high of $57,527 on Saturday before paring gains to $57,040 at 1:26 p.m. in New York. It’s surged 56% since the end of January and more than quadrupled last year. For several years after its debut more than a decade ago, Bitcoin traded for just a few cents.
Crypto believers are dueling with skeptics for the dominant narrative around the climb: the former see an asset being embraced for its ability to hedge risks such as inflation, while the latter sense a precarious mania riding atop waves of monetary and fiscal stimulus.
Musk gave impetus to Bitcoin joining the mainstream when Tesla Inc. said it invested $1.5 billion and was prepared to begin accepting the cryptocurrency as a form of payment for its cars. According to Dan Ives at Wedbush Securities, Tesla has made a profit of about $1 billion over the past month from that bet.
“To put this in perspective, Tesla is on a trajectory to make more from its Bitcoin investments than profits from selling its EV cars in all of 2020,” Ives wrote in a note Saturday.
Traditional finance officials who have seen little value in the digital currency see the surge as part of a larger speculative bubble.
Howard Lutnick, chief executive officer of Cantor Fitzgerald LP, said the dramatic rise in values of Bitcoin and Tesla was driven by retail investors in much the same manner that led to last month’s surge in GameStop Corp. shares. Tesla gained more than 700% last year.
“With all due respect: What’s Tesla been? Why was Tesla up?” Lutnick said Friday on Bloomberg TV. “It’s because retail kept buying it. Why is Bitcoin where it is? Because retail keeps buying it. This is just another form of the same thing. GameStop was Bitcoin and Tesla.”
Taking The Lead
Doubling Of Crypto Index This Year Puts Stocks, Commodities In The Shade
Still, investors haven’t failed to notice the outperformance compared with traditional assets. The Bloomberg Galaxy Crypto Index has towered over the returns of stocks, gold, commodities and bonds so far this year.
Advocates such as former hedge fund manger and Galaxy Digital founder Mike Novogratz are seeking to position themselves for even bigger gains.
Galaxy’s trading desk is one of several that are providing Bitcoins for the Purpose Bitcoin ETF, the first ever approved. The Toronto Stock Exchange-listed fund debuted Thursday. CI Global Asset Management filed this week in Canada to offer the CI Galaxy Bitcoin ETF. Galaxy Digital will act as the Bitcoin sub-advisor, and execute trades on behalf of the proposed ETF. None have been approved in the U.S.
“Crypto is being institutionalized at an accelerating rate,” Novogratz said in an interview Friday with Bloomberg. “It’s all part of this accelerating evolution of being a store of value.”
Elon Musk’s Bitcoin Marketing Coup
By embracing bitcoiners, Tesla is likely to make more sales among that crowd even if they pay in fiat. Any extra BTC the carmaker gets is gravy.
Here’s some free advice for the Honda Motor Company: Market your cars to the newly bitcoin rich.
I’ve already got the ad copy for you.
A true bitcoiner is building for the future and deferring gratification. She doesn’t blow her hard-earned savings on flashy toys. She prefers a solid, dependable family car.
And a slogan….
Lambos are for losers. HODLers drive Hondas.
Marc Hochstein, CoinDesk’s executive editor, owns some bitcoin, and if he were smarter he’d have bought more years ago. This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories on the future of money and Web 3.0. You can subscribe to get the full newsletter here.
OK, so I’m no Don Draper. It’s doubtful Honda or any other affordable carmaker would heed my suggestion any time soon. It’s different for luxury electric vehicle maker Tesla, which doesn’t need to be told – it’s already doing something similar.
This week, the manufacturer began accepting bitcoin (BTC) as payment for its cars, delivering on a promise made in early February by its impish chief executive, Elon Musk. Underscoring his faith in the currency, Musk declared on Wednesday that Tesla would keep rather than convert any bitcoin it earns from car sales.
Typically, the rare merchant that accepts crypto as payment for goods or services will swap it right away for U.S. dollars or another fiat currency. That’s understandable, given the price volatility and the low likelihood that a merchant’s suppliers would take magic internet money. But the Tesla chief said his company is HODLing.
For the uninitiated, HODLing is bitcoin slang for refusing to sell BTC, either to take profits in a bull market or to cut losses in a bear market. Based on a forum poster’s drunken misspelling of “hold,” the word broadly connotes a steely determination in the face of fear, uncertainty and doubt. A HODLer is someone who, to borrow from Rudyard Kipling, “can keep your head when all about you/Are losing theirs and blaming it on you.”
Musk clearly is one, in at least the narrow sense, having invested $1.5 billion in bitcoin for Tesla’s corporate treasury beginning this year. Over the last 12 months, the cryptocurrency’s price has soared nearly 700%, as inflation fears, a self-perpetuating hype cycle and possibly pandemic lockdown boredom spurred buying among individual and institutional investors. Like Tesla, for instance.
Yet, while I’m sure Musk would be happy to keep growing Tesla’s BTC stash one car sale at a time, I strongly suspect that isn’t his only or main motivation.
Rather, my gut is that the payment option is at least in part, if not primarily, a clever marketing maneuver.
Incentives to HODL
First off, there’s no indication Tesla is offering a discount to buyers who pay with bitcoin, which you might expect the company to do if its main goal were to acquire more of the stuff. Also, Tesla surely understands bitcoiners are strongly disincentivized to part with their “sats” (a loving nickname for the currency’s smallest unit, 0.00000001 BTC, in homage to creator, Satoshi Nakamoto).
This is partly for the reason I alluded to in my quixotic Honda pitch: Bitcoin is deflationary by design. There’s a set amount – 21 million BTC – that will ever be minted. Yet, as it grows in popularity, denominating things such as luxury cars in bitcoin ends up hurting the buyer over the long run.
While the price oscillates wildly from one minute to the next, if you zoom out the lens real wide, bitcoin has generally appreciated over time, which encourages saving (or “hoarding,” depending on your worldview). Remember that pizza purchased for 10,000 bitcoin in 2010? Ten thousand bitcoin is worth $500 million today. Hope the pizza tasted good.
Also, in the U.S. crypto is treated as property for tax purposes, which means that if you buy a coin for, say, $1 and it doubles in value and you spend that extra dollar on a cup of coffee, you are supposed to report the purchase to the Internal Revenue Service and pay tax on it.
It remains to be seen whether Uncle Sam will go after every last Joe Schmoe who fails to report a piddling purchase. But it’s reasonable to assume anyone who uses crypto gains to buy a Tesla (which can run from $39,000 to $150,000) would show up on the taxman’s radar.
Even if a buyer can overcome those hurdles, Tesla isn’t making it easy. As CoinDesk’s Daniel Kuhn reported Thursday, when paying Tesla with bitcoin, a car buyer has “about 30 minutes” to complete the transaction or else the price in BTC expires and a new one must be requested. Also, Tesla will only accept exact amounts and will not reimburse payments sent to an incorrect address.
All told, even if you have large bags of bitcoin, it may make more sense to pay with fiat, whether for a Tesla or a tall latte.
Crypto is already obsessed with a car: the Lamborghini. But it’s more of a joke than anything. Were Tesla to become the true status symbol in this industry, it could move the needle.
By embracing bitcoiner culture, Musk is likely to make more sales among that crowd than would happen otherwise, even if they’re settled in greenbacks. Any extra bitcoin Tesla picks up would be gravy.
In the Wednesday tweet, Musk also revealed Tesla is running its own node, rather than relying on a third party to tell it what’s happening on the Bitcoin network. This is considered a best practice for advanced users, but it’s also a signal to the tribe: I get it. I’m one of you. It’s closely associating the Tesla brand, and Musk’s, with the ethos of the sovereign individual that animates the crypto community, not least of all the bitcoin faithful.
Think of it as a weird 21st century twist on affinity marketing, but without any formal partnership like the one my college had with a credit card lender in the 1990s, which led to me getting up to my ears in debt from charging stuff I didn’t need and couldn’t afford. Gee thanks, alma mater; I wish bitcoin were around back then to set me straight.
There is also a less charitable interpretation of Musk’s messaging: That he’s trying to divert attention away from bad news for Tesla. As CoinDesk’s Muyao Shen reported in February, the big coming-out party coincided with the revelation by Chinese officials that they were questioning Tesla about quality and safety issues.
And this week’s bitcoin announcement conveniently happened right after reports that U.S. regulators are scrutinizing Tesla’s autopilot technology.
If true, this explanation is not mutually exclusive with my hunch. Tesla HODLing bitcoin could be a cynical PR move and a marketing coup – and a sincere adoption of an innovation in the world of bits by an innovator in the world of atoms, all at the same time. Binary thinking is for fools.
It’s far from certain if the marketing ploy, if that’s what it is, will work. “Not quite sure if anything sold yet in bitcoin,” a Tesla representative told my colleague Thursday.
But for my money, it’s better than anything Madison Avenue could come up with.
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The Most Bullish Bitcoin Arguments For Your Thanksgiving Table
‘Bitcoin Tuesday’ To Become One Of The Largest-Ever Crypto Donation Events
World’s First 24/7 Crypto Call-In Station!!!
Bitcoin Trades Again Near Record, Driven By New Group Of Buyers
Friendliest Of Them All? These Could Be The Best Countries For Crypto
Bitcoin Price Doubles Since The Halving, With Just 3.4M Bitcoin Left For Buyers
First Company-Sponsored Bitcoin Retirement Plans Launched In US
Poker Players Are Enhancing Winnings By Cashing Out In Bitcoin
Crypto-Friendly Brooks Gets Nod To Serve 5-Year Term Leading Bank Regulator
The Bitcoin Comeback: Is Crypto Finally Going Mainstream?
The Dark Future Where Payments Are Politicized And Bitcoin Wins
Mexico’s 3rd Richest Man Reveals BTC Holdings As Bitcoin Breaches $18,000
Ultimate Resource On Mike Novogratz And Galaxy Digital’s Bitcoin News
Bitcoin’s Gunning For A Record And No One’s Talking About It
Simple Steps To Keep Your Crypto Safe
US Company Now Lets Travelers Pay For Passports With Bitcoin
Billionaire Hedge Fund Investor Stanley Druckenmiller Says He Owns Bitcoin In CNBC Interview
China’s UnionPay And Korea’s Danal To Launch Crypto-Supporting Digital Card #GotBitcoin
Bitcoin Is Back Trading Near Three-Year Highs
Bitcoin Transaction Fees Rise To 28-Month High As Hashrate Drops Amid Price Rally
Market Is Proving Bitcoin Is ‘Ultimate Safe Haven’ — Anthony Pompliano
3 Reasons Why Bitcoin Price Suddenly Dropping Below $13,000 Isn’t Bearish
Bitcoin Resurgence Leaves Institutional Acceptance Unanswered
Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan
WordPress Content Can Now Be Timestamped On Ethereum
PayPal To Offer Crypto Payments Starting In 2021 (A-Z) (#GotBitcoin?)
As Bitcoin Approaches $13,000 It Breaks Correlation With Equities
Crypto M&A Surges Past 2019 Total As Rest of World Eclipses U.S. (#GotBitcoin?)
How HBCUs Are Prepping Black Students For Blockchain Careers
Why Every US Congressman Just Got Sent Some ‘American’ Bitcoin
CME Sounding Out Crypto Traders To Gauge Market Demand For Ether Futures, Options
Caitlin Long On Bitcoin, Blockchain And Rehypothecation (#GotBitcoin?)
Bitcoin Drops To $10,446.83 As CFTC Charges BitMex With Illegally Operating Derivatives Exchange
BitcoinACKs Lets You Track Bitcoin Development And Pay Coders For Their Work
One Of Hal Finney’s Lost Contributions To Bitcoin Core To Be ‘Resurrected’ (#GotBitcoin?)
Cross-chain Money Markets, Latest Attempt To Bring Liquidity To DeFi
Memes Mean Mad Money. Those Silly Defi Memes, They’re Really Important (#GotBitcoin?)
Bennie Overton’s Story About Our Corrupt U.S. Judicial, Global Financial Monetary System And Bitcoin
Stop Fucking Around With Public Token Airdrops In The United States (#GotBitcoin?)
Mad Money’s Jim Cramer Will Invest 1% Of Net Worth In Bitcoin Says, “Gold Is Dangerous”
State-by-state Licensing For Crypto And Payments Firms In The Us Just Got Much Easier (#GotBitcoin?)
Bitcoin (BTC) Ranks As World 6Th Largest Currency
Pomp Claims He Convinced Jim Cramer To Buy Bitcoin
Traditional Investors View Bitcoin As If It Were A Technology Stock
Mastercard Releases Platform Enabling Central Banks To Test Digital Currencies (#GotBitcoin?)
Being Black On Wall Street. Top Black Executives Speak Out About Racism (#GotBitcoin?)
Tesla And Bitcoin Are The Most Popular Assets On TradingView (#GotBitcoin?)
From COVID Generation To Crypto Generation (#GotBitcoin?)
Right-Winger Tucker Carlson Causes Grayscale Investments To Pull Bitcoin Ads
Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots
Cross Chain Is Here: NEO, ONT, Cosmos And NEAR Launch Interoperability Protocols (#GotBitcoin?)
Crypto Trading Products Enter The Mainstream With A Number Of Inherent Advantages (#GotBitcoin?)
Crypto Goes Mainstream With TV, Newspaper Ads (#GotBitcoin?)
A Guarded Generation: How Millennials View Money And Investing (#GotBitcoin?)
Blockchain-Backed Social Media Brings More Choice For Users
California Moves Forward With Digital Asset Bill (#GotBitcoin?)
Walmart Adds Crypto Cashback Through Shopping Loyalty Platform StormX (#GotBitcoin?)
Congressman Tom Emmer To Lead First-Ever Crypto Town Hall (#GotBitcoin?)
Why It’s Time To Pay Attention To Mexico’s Booming Crypto Market (#GotBitcoin?)
The Assets That Matter Most In Crypto (#GotBitcoin?)
Ultimate Resource On Non-Fungible Tokens
Bitcoin Community Highlights Double-Standard Applied Deutsche Bank Epstein Scandal
Blockchain Makes Strides In Diversity. However, Traditional Tech Industry Not-S0-Much (#GotBitcoin?)
An Israeli Blockchain Startup Claims It’s Invented An ‘Undo’ Button For BTC Transactions
After Years of Resistance, BitPay Adopts SegWit For Cheaper Bitcoin Transactions
US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data
Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
This Researcher Says Bitcoin’s Elliptic Curve Could Have A Secret Backdoor
China Discovers 4% Of Its Reserves Or 83 Tons Of It’s Gold Bars Are Fake (#GotBitcoin?)
Former Legg Mason Star Bill Miller And Bloomberg Are Optimistic About Bitcoin’s Future
Yield Chasers Are Yield Farming In Crypto-Currencies (#GotBitcoin?)
Australia Post Office Now Lets Customers Buy Bitcoin At Over 3,500 Outlets
Anomaly On Bitcoin Sidechain Results In Brief Security Lapse
SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering
Veteran Commodities Trader Chris Hehmeyer Goes All In On Crypto (#GotBitcoin?)
Activists Document Police Misconduct Using Decentralized Protocol (#GotBitcoin?)
Supposedly, PayPal, Venmo To Roll Out Crypto Buying And Selling (#GotBitcoin?)
Industry Leaders Launch PayID, The Universal ID For Payments (#GotBitcoin?)
Crypto Quant Fund Debuts With $23M In Assets, $2.3B In Trades (#GotBitcoin?)
The Queens Politician Who Wants To Give New Yorkers Their Own Crypto
Why Does The SEC Want To Run Bitcoin And Ethereum Nodes?
Trump Orders Treasury Secretary Steve Mnuchin To Destroy Bitcoin Just Like They Destroyed The Traditional Economy
US Drug Agency Failed To Properly Supervise Agent Who Stole $700,000 In Bitcoin In 2015
Layer 2 Will Make Bitcoin As Easy To Use As The Dollar, Says Kraken CEO
Bootstrapping Mobile Mesh Networks With Bitcoin Lightning
Nevermind Coinbase — Big Brother Is Already Watching Your Coins (#GotBitcoin?)
BitPay’s Prepaid Mastercard Launches In US to Make Crypto Accessible (#GotBitcoin?)
Germany’s Deutsche Borse Exchange To List New Bitcoin Exchange-Traded Product
‘Bitcoin Billionaires’ Movie To Tell Winklevoss Bros’ Crypto Story
US Pentagon Created A War Game To Fight The Establishment With BTC (#GotBitcoin?)
JPMorgan Provides Banking Services To Crypto Exchanges Coinbase And Gemini (#GotBitcoin?)
Bitcoin Advocates Cry Foul As US Fed Buying ETFs For The First Time
Final Block Mined Before Halving Contained Reminder of BTC’s Origins (#GotBitcoin?)
Meet Brian Klein, Crypto’s Own ‘High-Stakes’ Trial Attorney (#GotBitcoin?)
3 Reasons For The Bitcoin Price ‘Halving Dump’ From $10K To $8.1K
Bitcoin Outlives And Outlasts Naysayers And First Website That Declared It Dead Back In 2010
Hedge Fund Pioneer Turns Bullish On Bitcoin Amid ‘Unprecedented’ Monetary Inflation
Antonopoulos: Chainalysis Is Helping World’s Worst Dictators & Regimes (#GotBitcoin?)
Survey Shows Many BTC Holders Use Hardware Wallet, Have Backup Keys (#GotBitcoin?)
Iran Ditches The Rial Amid Hyperinflation As Localbitcoins Seem To Trade Near $35K
Buffett ‘Killed His Reputation’ by Being Stupid About BTC, Says Max Keiser (#GotBitcoin?)
Meltem Demirors: “Bitcoin Is Not A F*Cking Systemic Hedge If You Hold Your Bitcoin At A Financial Institution”
Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?)
Bitcoin Won As Store of Value In Coronavirus Crisis — Hedge Fund CEO
Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin?)
Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?)
Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?)
Bitcoin Startup Purse.io And Major Bitcoin Cash Partner To Shut Down After 6-Year Run
Open Interest In CME Bitcoin Futures Rises 70% As Institutions Return To Market
Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App
$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion
How To Get Money (Crypto-currency) To People In An Emergency, Fast
US Intelligence To Study What Would Happen If U.S. Dollar Lost Its Status As World’s Reserve Currency (#GotBitcoin?)
Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving
Privacy-Oriented Browsers Gain Traction (#GotBitcoin?)
‘Breakthrough’ As Lightning Uses Web’s Forgotten Payment Code (#GotBitcoin?)
Bitcoin Starts Quarter With Price Down Just 10% YTD vs U.S. Stock’s Worst Quarter Since 2008
Bitcoin Enthusiasts, Liberal Lawmakers Cheer A Fed-Backed Digital Dollar
Crypto-Friendly Bank Revolut Launches In The US (#GotBitcoin?)
The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look Like (#GotBitcoin?)
Crypto CEO Compares US Dollar To Onecoin Scam As Fed Keeps Printing (#GotBitcoin?)
Stuck In Quarantine? Become A Blockchain Expert With These Online Courses (#GotBitcoin?)
Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says
Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?)
QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin Rallies 7.7%
Mike Novogratz And Andreas Antonopoulos On The Bitcoin Crash
Amid Market Downturn, Number of People Owning 1 BTC Hits New Record (#GotBitcoin?)
Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?)
Pornhub Will Integrate PumaPay Recurring Subscription Crypto Payments (#GotBitcoin?)
Intel SGX Vulnerability Discovered, Cryptocurrency Keys Threatened
Bitcoin’s Plunge Due To Manipulation, Traditional Markets Falling or PlusToken Dumping?
Countries That First Outlawed Crypto But Then Embraced It (#GotBitcoin?)
Bitcoin Maintains Gains As Global Equities Slide, US Yield Hits Record Lows
HTC’s New 5G Router Can Host A Full Bitcoin Node
India Supreme Court Lifts RBI Ban On Banks Servicing Crypto Firms (#GotBitcoin?)
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions (#GotBitcoin?)
Blockchain Storage Offers Security, Data Transparency And immutability. Get Over it!
Black Americans & Crypto (#GotBitcoin?)
Coinbase Wallet Now Allows To Send Crypto Through Usernames (#GotBitcoin)
New ‘Simpsons’ Episode Features Jim Parsons Giving A Crypto Explainer For The Masses (#GotBitcoin?)
Crypto-currency Founder Met With Warren Buffett For Charity Lunch (#GotBitcoin?)
Witches Love Bitcoin
Bitcoin’s Potential To Benefit The African And African-American Community
Coinbase Becomes Direct Visa Card Issuer With Principal Membership
Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed
Jill Carlson, Meltem Demirors Back $3.3M Round For Non-Custodial Settlement Protocol Arwen
Crypto Companies Adopt Features Similar To Banks (Only Better) To Drive Growth (#GotBitcoin?)
Top Graphics Cards That Will Turn A Crypto Mining Profit (#GotBitcoin?)
Bitcoin Usage Among Merchants Is Up, According To Data From Coinbase And BitPay
Top 10 Books Recommended by Crypto (#Bitcoin) Thought Leaders
Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does The Same
Bitcoiners Are Now Into Fasting. Read This Article To Find Out Why
You Can Now Donate Bitcoin Or Fiat To Show Your Support For All Of Our Valuable Content
2019’s Top 10 Institutional Actors In Crypto (#GotBitcoin?)
What Does Twitter’s New Decentralized Initiative Mean? (#GotBitcoin?)
Crypto-Friendly Silvergate Bank Goes Public On New York Stock Exchange (#GotBitcoin?)
Bitcoin’s Best Q1 Since 2013 To ‘Escalate’ If $9.5K Is Broken
Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin
What Are Lightning Wallets Doing To Help Onboard New Users? (#GotBitcoin?)
If You Missed Out On Investing In Amazon, Bitcoin Might Be A Second Chance For You (#GotBitcoin?)
2020 And Beyond: Bitcoin’s Potential Protocol (Privacy And Scalability) Upgrades (#GotBitcoin?)
US Deficit Will Be At Least 6 Times Bitcoin Market Cap — Every Year (#GotBitcoin?)
Central Banks Warm To Issuing Digital Currencies (#GotBitcoin?)
Meet The Crypto Angel Investor Running For Congress In Nevada (#GotBitcoin?)
Introducing BTCPay Vault – Use Any Hardware Wallet With BTCPay And Its Full Node (#GotBitcoin?)
How Not To Lose Your Coins In 2020: Alternative Recovery Methods (#GotBitcoin?)
H.R.5635 – Virtual Currency Tax Fairness Act of 2020 ($200.00 Limit) 116th Congress (2019-2020)
Adam Back On Satoshi Emails, Privacy Concerns And Bitcoin’s Early Days
The Prospect of Using Bitcoin To Build A New International Monetary System Is Getting Real
How To Raise Funds For Australia Wildfire Relief Efforts (Using Bitcoin And/Or Fiat )
Former Regulator Known As ‘Crypto Dad’ To Launch Digital-Dollar Think Tank (#GotBitcoin?)
Currency ‘Cold War’ Takes Center Stage At Pre-Davos Crypto Confab (#GotBitcoin?)
A Blockchain-Secured Home Security Camera Won Innovation Awards At CES 2020 Las Vegas
Bitcoin’s Had A Sensational 11 Years (#GotBitcoin?)
Sergey Nazarov And The Creation Of A Decentralized Network Of Oracles
Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”
Christmas Shopping: Where To Buy With Crypto This Festive Season
At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade
Coinbase CEO Armstrong Wins Patent For Tech Allowing Users To Email Bitcoin
Bitcoin Has Got Society To Think About The Nature Of Money
How DeFi Goes Mainstream In 2020: Focus On Usability (#GotBitcoin?)
Dissidents And Activists Have A Lot To Gain From Bitcoin, If Only They Knew It (#GotBitcoin?)
At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics
Bitclub Scheme Busted In The US, Promising High Returns From Mining
Bitcoin Advertised On French National TV
Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
How To Earn And Spend Bitcoin On Black Friday 2019
The Ultimate List of Bitcoin Developments And Accomplishments
Charities Put A Bitcoin Twist On Giving Tuesday
Family Offices Finally Accept The Benefits of Investing In Bitcoin
An Army Of Bitcoin Devs Is Battle-Testing Upgrades To Privacy And Scaling
Bitcoin ‘Carry Trade’ Can Net Annual Gains With Little Risk, Says PlanB
Max Keiser: Bitcoin’s ‘Self-Settlement’ Is A Revolution Against Dollar
Blockchain Can And Will Replace The IRS
China Seizes The Blockchain Opportunity. How Should The US Respond? (#GotBitcoin?)
Jack Dorsey: You Can Buy A Fraction Of Berkshire Stock Or ‘Stack Sats’
Bitcoin Price Skyrockets $500 In Minutes As Bakkt BTC Contracts Hit Highs
Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar
Bitcoin Has Already Reached 40% Of Average Fiat Currency Lifespan
Yes, Even Bitcoin HODLers Can Lose Money In The Long-Term: Here’s How (#GotBitcoin?)
Unicef To Accept Donations In Bitcoin (#GotBitcoin?)
Former Prosecutor Asked To “Shut Down Bitcoin” And Is Now Face Of Crypto VC Investing (#GotBitcoin?)
Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain To Zurich
Next Bitcoin Halving May Not Lead To Bull Market, Says Bitmain CEO
Tim Draper Bets On Unstoppable Domain’s .Crypto Domain Registry To Replace Wallet Addresses (#GotBitcoin?)
Bitcoin Developer Amir Taaki, “We Can Crash National Economies” (#GotBitcoin?)
Veteran Crypto And Stocks Trader Shares 6 Ways To Invest And Get Rich
Is Chainlink Blazing A Trail Independent Of Bitcoin?
Nearly $10 Billion In BTC Is Held In Wallets Of 8 Crypto Exchanges (#GotBitcoin?)
SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum (#GotBitcoin?)
Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’
Attorneys Seek Bank Of Ireland Execs’ Testimony Against OneCoin Scammer (#GotBitcoin?)
OpenLibra Plans To Launch Permissionless Fork Of Facebook’s Stablecoin (#GotBitcoin?)
Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)
Class Action Accuses Tether And Bitfinex Of Market Manipulation (#GotBitcoin?)
Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)
Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)
How To Securely Transfer Crypto To Your Heirs
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
Crypto News From The Spanish-Speaking World (#GotBitcoin?)
Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
The Original Sins Of Cryptocurrencies (#GotBitcoin?)
Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin?)
Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)
[PSA] Non-genuine Trezor One Devices Spotted (#GotBitcoin?)
Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)
First-Ever SEC-Qualified Token Offering In US Raises $23 Million (#GotBitcoin?)
You Can Now Prove A Whole Blockchain With One Math Problem – Really
Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight
$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin?)
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own (#GotBitcoin?)
Wesley Snipes Is Launching A Tokenized $25 Million Movie Fund (#GotBitcoin?)
Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address (#GotBitcoin?)
A Crypto Fix For A Broken International Monetary System (#GotBitcoin?)
Four Out Of Five Top Bitcoin QR Code Generators Are Scams: Report (#GotBitcoin?)
Waves Platform And The Abyss To Jointly Launch Blockchain-Based Games Marketplace (#GotBitcoin?)
Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine (#GotBitcoin?)
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)
Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency (#GotBitcoin?)
Artist Akon Loves BTC And Says, “It’s Controlled By The People” (#GotBitcoin?)
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)
Co-Founder Of LinkedIn Presents Crypto Rap Video: Hamilton Vs. Satoshi (#GotBitcoin?)
Crypto Insurance Market To Grow, Lloyd’s Of London And Aon To Lead (#GotBitcoin?)
No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager (#GotBitcoin?)
NSA Working To Develop Quantum-Resistant Cryptocurrency: Report (#GotBitcoin?)
Custody Provider Legacy Trust Launches Crypto Pension Plan (#GotBitcoin?)
Vaneck, SolidX To Offer Limited Bitcoin ETF For Institutions Via Exemption (#GotBitcoin?)
Russell Okung: From NFL Superstar To Bitcoin Educator In 2 Years (#GotBitcoin?)
Bitcoin Miners Made $14 Billion To Date Securing The Network (#GotBitcoin?)
Why Does Amazon Want To Hire Blockchain Experts For Its Ads Division?
Argentina’s Economy Is In A Technical Default (#GotBitcoin?)
Blockchain-Based Fractional Ownership Used To Sell High-End Art (#GotBitcoin?)
Portugal Tax Authority: Bitcoin Trading And Payments Are Tax-Free (#GotBitcoin?)
Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats (#GotBitcoin?)
Bitcoin Dev Reveals Multisig UI Teaser For Hardware Wallets, Full Nodes (#GotBitcoin?)
Bitcoin Price: $10K Holds For Now As 50% Of CME Futures Set To Expire (#GotBitcoin?)
Bitcoin Realized Market Cap Hits $100 Billion For The First Time (#GotBitcoin?)
Stablecoins Begin To Look Beyond The Dollar (#GotBitcoin?)
Bank Of England Governor: Libra-Like Currency Could Replace US Dollar (#GotBitcoin?)
Binance Reveals ‘Venus’ — Its Own Project To Rival Facebook’s Libra (#GotBitcoin?)
The Real Benefits Of Blockchain Are Here. They’re Being Ignored (#GotBitcoin?)
CommBank Develops Blockchain Market To Boost Biodiversity (#GotBitcoin?)
SEC Approves Blockchain Tech Startup Securitize To Record Stock Transfers (#GotBitcoin?)
SegWit Creator Introduces New Language For Bitcoin Smart Contracts (#GotBitcoin?)
You Can Now Earn Bitcoin Rewards For Postmates Purchases (#GotBitcoin?)
Bitcoin Price ‘Will Struggle’ In Big Financial Crisis, Says Investor (#GotBitcoin?)
Fidelity Charitable Received Over $100M In Crypto Donations Since 2015 (#GotBitcoin?)
Would Blockchain Better Protect User Data Than FaceApp? Experts Answer (#GotBitcoin?)
Just The Existence Of Bitcoin Impacts Monetary Policy (#GotBitcoin?)
What Are The Biggest Alleged Crypto Heists And How Much Was Stolen? (#GotBitcoin?)
IRS To Cryptocurrency Owners: Come Clean, Or Else!
Coinbase Accidentally Saves Unencrypted Passwords Of 3,420 Customers (#GotBitcoin?)
Bitcoin Is A ‘Chaos Hedge, Or Schmuck Insurance‘ (#GotBitcoin?)
Bakkt Announces September 23 Launch Of Futures And Custody
Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week (#GotBitcoin?)
Researchers Find Monero Mining Malware That Hides From Task Manager (#GotBitcoin?)
Crypto Dusting Attack Affects Nearly 300,000 Addresses (#GotBitcoin?)
A Case For Bitcoin As Recession Hedge In A Diversified Investment Portfolio (#GotBitcoin?)
SEC Guidance Gives Ammo To Lawsuit Claiming XRP Is Unregistered Security (#GotBitcoin?)
15 Countries To Develop Crypto Transaction Tracking System: Report (#GotBitcoin?)
US Department Of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)
Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)
Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)
Amazon Wants To Build A Blockchain For Ads, New Job Listing Shows (#GotBitcoin?)
Shield Bitcoin Wallets From Theft Via Time Delay (#GotBitcoin?)
Blockstream Launches Bitcoin Mining Farm With Fidelity As Early Customer (#GotBitcoin?)
Commerzbank Tests Blockchain Machine To Machine Payments With Daimler (#GotBitcoin?)
Bitcoin’s Historical Returns Look Very Attractive As Online Banks Lower Payouts On Savings Accounts (#GotBitcoin?)
Man Takes Bitcoin Miner Seller To Tribunal Over Electricity Bill And Wins (#GotBitcoin?)
Bitcoin’s Computing Power Sets Record As Over 100K New Miners Go Online (#GotBitcoin?)
Walmart Coin And Libra Perform Major Public Relations For Bitcoin (#GotBitcoin?)
Judge Says Buying Bitcoin Via Credit Card Not Necessarily A Cash Advance (#GotBitcoin?)
Poll: If You’re A Stockowner Or Crypto-Currency Holder. What Will You Do When The Recession Comes?
1 In 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)
Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)
Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)
Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)
Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)
Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)
TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)
Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)
Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)
China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)
More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)
Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)
Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)
Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)
“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)
Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)
Cryptocurrency Startups Get Partial Green Light From Washington
Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)
Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)
The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)
Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)
US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)
US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)
EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)
The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)
Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)
Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)
Blockchain And AI Bond, Explained (#GotBitcoin?)
Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)
XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)
Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)
As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)
Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)
‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)
Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)
Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)
Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)
Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)
Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)
Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)
Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)
World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)
Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)
Another Crypto Exchange Receives License For Crypto Futures
From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)
These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)
Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)
Quantum Computing Vs. Blockchain: Impact On Cryptography
This Fund Is Riding Bitcoin To Top (#GotBitcoin?)
Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)
Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)
Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)
You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)
Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)
Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)
Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)
Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)
Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)
Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)
JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)
Is There A Big Short In Bitcoin? (#GotBitcoin?)
Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes
Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)
There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)
You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)
Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)
Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)
Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets
Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)
Bitcoin’s Lightning Comes To Apple Smartwatches With New App (#GotBitcoin?)
E-Trade To Offer Crypto Trading (#GotBitcoin)
US Rapper Lil Pump Starts Accepting Bitcoin Via Lightning Network On Merchandise Store (#GotBitcoin?)
Bitfinex Used Tether Reserves To Mask Missing $850 Million, Probe Finds (#GotBitcoin?)
21-Year-Old Jailed For 10 Years After Stealing $7.5M In Crypto By Hacking Cell Phones (#GotBitcoin?)
You Can Now Shop With Bitcoin On Amazon Using Lightning (#GotBitcoin?)
Afghanistan, Tunisia To Issue Sovereign Bonds In Bitcoin, Bright Future Ahead (#GotBitcoin?)
Crypto Faithful Say Blockchain Can Remake Securities Market Machinery (#GotBitcoin?)
Disney In Talks To Acquire The Owner Of Crypto Exchanges Bitstamp And Korbit (#GotBitcoin?)
Crypto Exchange Gemini Rolls Out Native Wallet Support For SegWit Bitcoin Addresses (#GotBitcoin?)
Binance Delists Bitcoin SV, CEO Calls Craig Wright A ‘Fraud’ (#GotBitcoin?)
Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% In 2019 (#GotBitcoin?)
Bitcoin Passes A Milestone 400 Million Transactions (#GotBitcoin?)
Future Returns: Why Investors May Want To Consider Bitcoin Now (#GotBitcoin?)
Next Bitcoin Core Release To Finally Connect Hardware Wallets To Full Nodes (#GotBitcoin?)
Major Crypto-Currency Exchanges Use Lloyd’s Of London, A Registered Insurance Broker (#GotBitcoin?)
How Bitcoin Can Prevent Fraud And Chargebacks (#GotBitcoin?)
Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)
Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)
Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)
The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)
Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)
Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)
How Will Bitcoin Behave During A Recession? (#GotBitcoin?)
Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)
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