$41,000 Bitcoin Price Is A Sign Of Success

[ad_1] The below is a direct excerpt of Marty’s Bent Issue #1142: “This is what normalization looks like.” Sign up for the newsletter here. via @Pastore1314 via @Pastore1314 What a difference a year makes. At this point in 2021 the price of bitcoin had just breached a new all time high above $41,000 and was experiencing a slight price correction before going on a two-month run that would see prices pushed well above $60,000. As you can see from the pictures above, the sentiment around the bitcoin markets has shifted…

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ECB Paper Marks Success Factors for CBDCs, Digital Euro – Finance Bitcoin News

[ad_1] A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used for Payments, Not Investment In order to create a successful CBDC, a monetary authority needs to establish the digital currency as a widespread means of payment and exchange that also has a sufficient store…

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Tim Draper’s ‘odd’ rules for investing in success – Cointelegraph Magazine

[ad_1] It’s true, Tim Draper has picked losers. He tells me this even before I ask him. The VC legend who backed Hotmail, Tesla, SpaceX, Coinbase, Ledger and many other successful companies readily coughs up that he has invested in lemons. Some, he says, have totally gone out of business, but others just didn’t give him the money back. “By the same token, there are winners that make us a couple of times on the money and then some that give 1000x the investment,” he tells Magazine during a rare…

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