That’s how individuals go bankrupt, after all. But it surely’s additionally a good description of bitcoin’s ascendance from radical experiment to broadly used know-how. Recall, in case you dare, that in March 2020 BTC was buying and selling at about $5,000 per token and had been within the doldrums for years. Then COVID-19 lockdowns juiced boredom-driven day buying and selling and elevated curiosity in crypto, in the end unleashing a string of transformational moments for Bitcoin. These included the massive BTC purchase by Tesla, integration into Twitter, high-profile legislative debates within the U.S., a record-setting stadium identify deal and nationwide adoption in El Salvador.
