Today the price of bitcoin exploded past 46k after Tesla announced their purchase of $1.5 billion worth of Bitcoin.
"Moreover, we expect to be accepting Bitcoin as a form of payment for our products in the near future," they said.
Juggernauts like Microstrategy, Square, and Telsa are making bitcoin part of their reserve assets, as a hedge against inflation and economic instability.
This is a dramatic move, cheered by those who value financial sovereignty, and derided by those who feel it was reckless for their shareholders, and ties the stock too closely to the price of Bitcoin.
But given the TSLA stock price just after the news, the question is, which S&P500 company is next?
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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!
Recommended Books:
Permanent Record - Edward Snowden
https://amzn.to/305negc
No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
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What has the government done to our money - Rothbard
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Naomi's Privacy Bag: some of my favorite products to help protect your privacy!
Use the Brave browser! https://brave.com/nao076
USB-C to ethernet adapter:
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Lightening to ethernet adapter:
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Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu
Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
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Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2S..
