The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system.
Deze aflevering wordt gesponsord door Nexo.io.
Download this episode
Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.”
The price of bitcoin surged in the wake of the tweet, as did Google searches for “bitcoin.” The price increases liquidated some $387 million in short positions.
In deze aflevering, NLW breaks down the market reaction to Musk, the significance of the tweet and why it all connects to the larger story of WallStreetBets, Robinhood and shifting financial power.
Zie ook: Door Elon Musk veroorzaakte prijsstijging in Bitcoin veroorzaakt liquidatie van $ 387 miljoen in korte tijd
Afbeelding tegoed: Kevork Djansezian/Getty Images News
Laten we advertenties blokkeren! (Waarom?)
Bron: Coindesk
