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Bitcoin breaks $50,000 for the first time this week as Tesla Buys $1.5 Billion in Bitcoin!

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First published at 03:03 UTC on February 21st, 2021.

#currencies
#bitcoin
#crypto

World News Now!

chewy45

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The easiest way to buy cryptocurrency is through a centralized exchange, such as Coinbase.
https://coinbase-consumer.sjv.io/LPaZAa (get started with Bitcoin)
https://linktr.ee/goldnsilver
Bitcoin is a virtual currency, created 12 years ago, as an alternative to government-issued “medium of exchange” that we know as cash. It has a similar function as a “store of value” like gold. But unlike the precious metal, you can’t hold bitcoin or fashion it into jewelry. It exists only as an electronic file. Transactions are recorded on a distributed and decentralized ledger. So if you lose your bitcoin’s web address, it’s gone for good. No government entities regulate it.
Elon Musk, the mega-billionaire CEO of Tesla, recently bought $1.5 billion of bitcoin and said his company will start accepting it as payment for its electric cars. Mastercard this month announced it would support selected cryptocurrencies in its payment network. Apple Pay last week said it would allow citcoin to be spent online, in retail stores and on apps. BNY Mellon last week said it would hold bitcoin and other cryptocurrencies for its account holders.

Bitcoin can be used to buy many things anonymously, from Tesla cars to

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