Business
Tesla invests $2b in Bitcoin. Has crypto finally arrived? – The Motley Fool Australia
The puzzle of what Bitcoin is and how much it’s worth jumped back into in the spotlight today. Bottom line: It’s okay not to know.
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 –…
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