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Tesla invests $2b in Bitcoin. Has crypto finally arrived?

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I was going to write about something else today.

Then came the news that Tesla Inc (NASDAQ: TSLA) had bought $2 billion worth of Bitcoin.

The price of Bitcoin surged. 

The Tesla share price rose.

The internet chat rooms and social networks melted down.

I was asked to speak about it on Sky News and on Triple M Perth.

I was asked about it on social media.

… and so I’m writing about Bitcoin.

Truth be told, it’s a double-edged sword. 

Bitcoin is truly fascinating, as a phenomenon.

It is emblematic – both of itself, but also because of how it’s been embraced – of so much of our modern world.

It is the first truly widespread digital, well, thing.

And I use that word advisedly because we’re already getting into…



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