Happy Thursday Blockfolians!
Honestly, how insane has this week been? Let’s just quickly bop through some of the headlines:
Tesla puts $1.5B (7.7%) of cash into Bitcoin
Twitter CFO says exploring bitcoin to pay employees and for treasury
Mastercard announces crypto payments coming to their network in 2021
BNY Mellon launches crypto and digital asset custody
PayPal says crypto coming to Venmo in first half of the year
These are INSANE stories. Imagine any of these showing up in 2018 or 2019. It’s hard to imagine them all happening in a year, previously, to say nothing of a single week.
Somehow, we’re not even half way through the second month of the year.
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Highly Relevant Reading
SEC Commissioner Peirce says we’re ready for a bitcoin ETP
Kraken launches an early venture fund
Uber says maybe crypto for payments but not for treasury
PayPal is looking for that CBDC money
Wow look at the rate of growth on digital wallets
Don’t count Nigeria out yet. The Central Bank of Nigeria might be banning crypto but the Senate is debating it.
Documenting Bitcoin 📄 @DocumentingBTCThe Senate of Nigeria, "Bitcoin has made our currency almost useless or valueless."
A Really Big Number We Should Be Paying Attention To
That’s the amount of BTC someone spent for a Tesla in 2013. Nice like $4M car you got there.
Sometimes you gotta take the L