In retrospect, it was inevitable. With the Bitcoin 2021 audience watching, a prepared statement from El Salvador’s President Nayib Bukele ushered Bitcoin into a new era. Nominally, this was about Bitcoin becoming legal tender in El Salvador. The bigger implications, however, are about where Bitcoin fits in the world.
It started a cascade:
Qiao sums it up nicely
What a timeline we live in.
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Highly Relevant Reading
Saylor is buying more bitcoin
JPM execs are talking about programmable money
Deutsche Bank issues inflation warning
Square and Blockstream are building solar-powered Bitcoin mining in the US
Galaxy brain stuff
A Really Big Number We Should Be Paying Attention To
That’s the number of BTC the DoJ was able to recover from the Colonial Pipeline Hackers.