The Monthly Episode June Page 23

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Musk’s tweets and support took Bitcoin to $64,800, its all time high. It is speculated Elon Musk made more profit selling Bitcoin than he made selling his cars.
February 19
Elon Musk : To be clear, I am *not* an investor, I am an engineer. I don’t even own any publicly traded stock besides Tesla.
However, 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”.
March 13
BTC (Bitcoin) is an anagram of TBC(The Boring Company) What a coincidence!
March 24
You can now buy a Tesla with Bitcoin

April 27
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
May 13
Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.
May 16
Bitcoin is actually highly centralized, with supermajority controlled by handful of big mining (aka hashing) companies.
A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. Sound “decentralized” to you?

Next Page

Highlights

FROM THE EDITOR

FROM THE EDITOR

THE NATURE’S PLAY

THE NATURE’S PLAY

THE LOCKDOWN PARADOX

THE LOCKDOWN PARADOX

The Covaxin Cogency

The Covaxin Cogency

F.R.I.E.N.D.S. Reunion

F.R.I.E.N.D.S. Reunion

Tesla’s Games

The Social Media Feud

The Mehul Choksi Conspiracy

Billboard Music Awards 2021

The China Virus

Tesla’s Games

The Social Media Feud

The Mehul Choksi Conspiracy

Billboard Music Awards 2021

The China Virus

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