Bitcoin Has Won Over Institutional Investors So Could Governments Be Next?
Release Date: 04/01/2021
4 Minute Bitcoin
Jimmy Song invited me to a book sprint with Lamar Wilson, C.J. Wilson, Pete Rizzo, Charlene Fadirepo, Amanda Cavaleri, Annaliese Wiederspahn, and of course Jimmy Song.
info_outline Bitcoin Tipping Has Rolled Out on Twitter4 Minute Bitcoin
Jack Mallers, the chief executive officer of the Bitcoin wallet company, Strike says that Bitcoin will impact the payments industry now that it is combined with one of the biggest internet networks.
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US Senator Ted Cruz says that Bitcoin mining provides an opportunity to use energy that would otherwise be wasted and explained how Bitcoin mining could capture unproductive energy in the form of natural gas.
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Fundstrat Global Advisors’ managing partner Tom Lee believes that Tesla’s abrupt suspension of Bitcoin payments over possible environmental concerns could be a blessing in disguise for Bitcoin.
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Members of the Texas House of Representatives passed a proposed piece of legislation which recognizes the use of Bitcoin in commercial transactions.
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A car and driver branded with the Bitcoin logo will be racing against 32 other cars in this month’s Indianapolis 500.
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Facebook CEO Mark Zuckerberg, recently shared a photo of his pet goats named Bitcoin, and Max.
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Dan Held, head of growth at the Kraken exchange, says that a devastating bearish correction at the end of the current Bitcoin bull cycle may not be in the cards this time around.
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Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere.
info_outlineEarlier this month, Temasek, Singapore’s $306 billion sovereign wealth fund revealed that they had been investing in Bitcoin since 2018.
Likewise, one of New Zealand’s major pension funds disclosed that its traditionally conservative retirement portfolio was now 5% Bitcoin and It’s likely that there are more to follow.
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📜 DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.