I have checked the price of Bitcoin approximately 1 million times in the past 24 hours. The price is moving faster than I can comprehend. BTC crushed 37k, 38k, and 39k in like 32 hours or something wild like that.
The price is getting so ridiculously high that my girlfriend even sent me a text asking me about buying Bitcoin.
I sent her back this meme and a referral link to Coinbase.
Then I realized that Bitcoin had HAD LITERALLY DOUBLED IN PRICE SINCE I screenshotted the meme on December 15th. In under a month, Bitcoin totally ruined my favorite meme. I need to add an extra zero to that 20k I guess.
Anyways, today is pretty fun. Here is what I’m reading:
- With the BTC price soaring to the moon, the IRS is obviously interested. The whole tax situation in crypto is super weird. I’ll link you to an article giving a bit of advice on whether or not you should report your holdings.
- Dan Held came out with a new newsletter today (hahahahaha I love terrible sentences). He wrote about a few of the biggest qualms people have with BTC, such as energy use, Tether, and black market capabilities. I found it to be a rather interesting read. I wish he had gone more in depth, but I liked it as a quick breakdown of Bitcoin’s supposed shortcomings.
- Kraken came out with a year-in-review crypto report. It’s a brief briefing (I’m killing it on the short sentences), only about 20 pages. They do good work explaining what happened with Digital Assets in 2020 without getting too crazy or too complicated.
Hope y’all have a wonderful day. Keep checking that price.
-Kram
KRAM 