Bitcoin's dramatic loss of value adds additional stress for Tesla

it will be interesting to see how they treat this loss in their financial reporting.

And by “treat” you mean “lie and BS about”, of course. Tesla’s shareholders will be thrilled (/s for the serious investors, no /s for the fanbois who always show up here to defend Musk).

With every passing day I see cryptocurrency more and more as a cyanide pill that late-stage capitalism has swallowed. Its biggest proponents don’t do much to reverse that opinion; today’s story on the Kraken exchange provides yet another example.

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