Those of us around from the early days of crypto will recall how incredibly validating it felt when one of the giants of establishment finance would say something encouraging. In 2020, for example, Modern Consensus ran a story headlined “Bitcoin stabilizes above $15K after Stanley Druckenmiller says he owns BTC.” To have an eminence grise like Druckenmiller give his imprimatur felt like the velvet ropes were starting to crack open. Yesterday, that same voice invited crypto fully into the club. “I assume our whole payment systems will be stablecoins in 10 or 15 years,” Druckenmiller remarked in an interview with Iliana Bouzali (about the 3:40 mark). The interview was taped…
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Bitcoin likely to go ‘considerably higher’: Investing star Bill Miller
A day after calling bitcoin ‘rat poison’ for cash Miller said that the cryptocurrency ‘gets less risky the higher it goes’
When an interviewer asked Miller if he is as excited about the coin as he was in early November, when it was worth under $15,000, he answered, “absolutely. One of the things that’s interesting about Bitcoin is that it gets less risky the higher it goes, and that’s the opposite of what happens with most stocks.”
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Markets Report: Bitcoin stalls below $30,000 but analyst dismisses 30% pullback
A new all-time high of $29,300 sees Bitcoin beat Berkshire Hathaway by market cap as 2020 draws to a close
Bitcoin sellers kept bulls simmering below $30,000 on December 31 as 2020 still looked set to close on a celebratory note for hodlers. Overnight, Bitcoin put in a record high of $29,270, a figure it narrowly beat on the day, with $29,300 proving too much to hold. Each peak came alongside a “choppy” period in which the price would gain or lose hundreds of dollars in minutes.
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Justin Sun finally eats his $4.6 million meal with Warren Buffet
Tron’s hype-happy founder quietly broke bread with the Oracle of Omaha for a rescheduled charity dinner two weeks ago
Despite his reputation as an aggressive marketer, Sun made the belated announcement in a 12-part Twitter thread on Feb. 6, highlighting a receipt signed by Buffet for the $615.05 meal.
