A steep sell-off that gained momentum this week starkly illustrated the risks of the experimental and unregulated digital currencies. The price of Bitcoin plunged to its lowest point since 2020. Coinbase, the large cryptocurrency exchange, tanked in value. A cryptocurrency that promoted itself as a stable means of exchange collapsed. And more than $300 billion… Read more.
Elon Musk
Elon Musk’s Bitcoin Bid to Buy Twitter…
Elon Musk has the whole world at twitter over his bitcoin bid to buy Twitter. It’s a bitcoin bid because his interest in Twitter seems every bit as impulsive and careless as his interest in that cryptocurrency turned out to be. Menacing Bitcoin Recall that, in February last year, Musk tweeted that Tesla had bought… Read more.
Harley Davidson Goes Electric
Harley Davidson’s roll out of a new electric bike last week confirms its intent to appeal more to members of the establishment than to rebels without a cause. Not least because the way this bike looks, rides, and, perhaps most important, sounds conjures up images more of a sleek cheetah than a grizzly bear. I… Read more.