🚘 Nikola Tesla would be happy25 Mart | by
BTCBitcoin $ 51 898 -6.40% $ -3 379
ETHEthereum $ 1 614 -3.70% $ -167
Market Cap-7.20% $ 1 659 457 374 943
DeFi Market Cap-8.80% $ 84 534 493 531
Hey #Moni Maker 👍
Today, in 1997, treasure hunters discovered the Spanish galleon La Capitana, sunk in 1654 off the coast of Ecuador with a cargo of gold and silver. This is, perhaps, the only superiority of precious metals over crypto - treasure hunters can’t benefit from crypto HODLers’ boating accidents. The moral is simple: keep your private keys away from water reservoirs and don't forget about backups!
Pay for Tesla with Bitcoin very soon!
You can now buy a Tesla with Bitcoin— Elon Musk (@elonmusk) March 24, 2021
Buying Tesla with BTC will be available outside the U.S. later this year.
Tesla uses only internal open-source software and operates directly on the Bitcoin network nodes.
The BTC paid by Tesla will be saved, not converted to fiat currency.
Paid for Tesla with Bitcoin, ordered burgers made from 3D printer-grown meat through UberEats, paying with Stablecoins. Ah, Cyberpunk!
In fact, a clever move: Tesla invests without investing. Musk is a smart guy.
Goldman Sachs and BTC ETF
The bank has filed paperwork with the SEC for an ETF that "may have access to cryptocurrency."
But this news is not as bullish as you could think.
The documents indicate that the access to cryptocurrency will be indirect, for example through trusts like Greyscale - companies that invest in crypto like Microstrategy or mining companies. Or Coinbase, which goes on the Nasdaq.
Direct purchase of Bitcoin or customer access to it is out of the question.
So, a banker enters a Telegram cryptocurrency chat room and writes: "Hello, fellow kids!”
The $40 billion USDT NotScam
In March 2020, Tether had a market capitalization of $4 billion only, and just one year later it is already 40. Thus, in one year, the capitalization of the largest stabelcoin increased 10 times.
Typically, crypto investors use stablecoins to minimize risk and fix profits. This recent growth in the stablecoins popularity may be due to the large number of new investors coming to the market.
Long Story Short
Meme of the Day 😄
And you...buy Bitcoin!