Thursday, February 29, 2024

Bitcoin pushes past $17K

By DAC000 , in Bitcoin Fidelity , at November 17, 2020 Tags: ,

and another Billionaire takes notice. Ray Dalio, billionaire hedge fund manager and philanthropist tweets his questions about Bitcoin, Twitter is very helpful. About a one minute read, Twitter thread is ultra educational.

Comment: once again we see Institutional Interest in Bitcoin. Keep in mind public statements of support by JP Morgan, PayPay, Fidelity and many others are just public signs of what’s going on out of sight — a broad foundation of acceptance amid slowly building positions in Bitcoin. Keep in mind only 21M coins will ever be mined, and about 18.5M already have been mined. That leaves about 2.5M left to be mined.