Bitcoin pushes past $47,000 to new record highs – business live

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Rolling coverage of the latest economic and financial news as bitcoin extends its gains following a big investment from Tesla

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Bitcoin enthusiasts are celebrating a fresh jump in the cryptocurrency’s value. It rose further overnight after an initial surge on Monday, when Tesla disclosed its own $1.5m investment in bitcoin and said it is likely to start accepting it as payment for its cars in the future.

 

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Meanwhile, the MSM drone on about Covid. This is a straight attack on the High Street banks by Musk. It signals the start of an age of digital currency, the end of notes and coins. Anyone without a bank account is shafted, savers and the poor lose out again. Loss of ATMs?

Thats how much instant profit on the investment?

BitcoinEdu

BitcoinEdu And it's just warming up Bitcoin

That's an expensive tulip bulb.

Don't buy these!

I know what to do with the cash I have now! I just have to wait for it to get out of the magical, laundry machine.

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