You know how the story goes: Bitcoin is wild, violent, unstable.
In an infamous hit piece from 2013, poisoned-penned pop economist Paul Krugman wrote "Bitcoin is Evil" and "It's completely unclear why Bitcoin should be a stable store of value." Famed Futurist Ray Kurzweil said the same thing just last week: "Currencies like the dollar have provided reasonable stability. Bitcoin has not." The never shy billionaire Mark Cuban called Bitcoin a big bubble poised to pop.
Pizza, PizzaEvery year we celebrate Bitcoin Pizza day on May 22, to commemorate the first time someone persuaded a real world shop owner to take made-up funny money for something tangible.
Now every year someone writes a variation on the story "How much are those pizzas worth now?" A few years ago those 10,000 Bitcoins were worth $7 million USD. Today they're worth about $27 million.
In another decade they might be worth $1 billion if famed Andreessen Horowitz VC Chris Dixon is right and Bitcoin rockets to $100,000 a coin.
That's why when Bitcoin goes up 10X everyone focuses on the inevitable 30% drawdown after months of a bull run.
During the just-concluded TechCrunch Disrupt, a16z’s Crypto, Chris Dixon who is a partner at the firm noted that pegging Libra to the U.S dollar would make it appealing to regulators. The digital asset is currently set to be pegged to more than three currencies with the U.S dollar dominating the basket. Coinbase adds Marc Andreessen as Board Observer, Replacing Chris Dixon August 31, 2020 The high-profile additions come as Coinbase reportedly eyes a public offering. While bitcoin is still the most popular use case for blockchain technology, general partner and co-head of the crypto fund Chris Dixon said he sees value beyond digital money. Of the technologies ... Seven years ago, bitcoin was a foreign language to federal prosecutor Katie Haun. That changed when her boss at the U.S. attorney's office asked her to look into shutting it down. What's now the ... 40 mins Bitcoin will hit new high ‘in near term’ as Buffett exits USD — Keiser Cointelegraph 41 mins Coinbase Adds Marc Andreessen as Board Observer, Replacing Chris Dixon CoinDesk 46 mins FTX buying Blockfolio continues consolidation trend in crypto industry Cointelegraph
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Chris Beams and Felix Moreno demo a live BTC / USD trade over Bisq using Cash App as a payment method. For more information on Bisq and a more detailed walk through of all the features you see ... The free version of the program is no longer relevant! If you want I'm ready to discuss it Mail for communication [email protected] #BTC #Bitcoin #Bitcoin_Free #Bitcoin_hack #Bitcoin ... Andreessen Horowitz (a16z) General Partner Chris Dixon discusses “Crypto Networks and Why They Matter,” giving an overview of the crypto space, the transformative implications of its ... The free version of the program is no longer relevant! If you want I'm ready to discuss it Mail for communication [email protected] #BTC #Bitcoin #Bitcoin_Free #Bitcoin_hack #Bitcoin ... Coinbase CEO Brian Armstrong and Chris Dixon, a16z crypto general partner and Coinbase board member, sit down to discuss the state of crypto, emerging technologies, and the future. Visit Coinbase ...