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Podcast: NBTV: Your Money, Your Data, Your Life
Episode: Tesla Buys $1.5 BILLION of BITCOIN: Price soars to 46k!
Description: 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...