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

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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