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Bitcoin Breaks $50,000! Bad News For Feb 18th, 2021
It seems like just one year ago that Bitcoin was at $9600. In fact, one year ago on this date, one Bitcoin was worth $9618. Fast forward to today and we are more than five times that as Bitcoin has skated across the $50,000 threshold and even tapped $52K.
Uber may start accepting Bitcoin for rides, Dapper Labs is crushing it with NBA Top Shot and a new $2 Billion dollar valuation, and Elon Musk says Mars settlers will use crypto for transacting, perhaps a Marscoin.
Over 10 years ago, you could buy 2 pizzas for 10,000 bitcoin. Well, we’ve come full circle as 2 bitcoin can now buy you 10,000 pizzas. So come have a slice with us as we ponder this week’s current events on our bad news episode #488 of The Bad Crypto Podcast.
Full Show Notes at: http://badco.in/488
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We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.
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