Bitcoin at $50,000 is Just the Beginning
Bitcoin reached $900 billion in market valuation last week for the first time ever, adding over $350 billion in 2021 alone.
Today it broke the $50,000 barrier, but it is just getting started.
Bitcoin Supply Crisis
- More #Bitcoin taken off exchanges
- Supply shrinking at ATH prices.
- Institutional FOMO about to hit hard! pic.twitter.com/7hzo5XHHyy— Bitcoin Archive ???????????? (@BTC_Archive)
February 15, 2021
It currently accounts for 61 percent of the total market cap of all cryptocurrencies.
The cumulative market cap of crypto coins has grown 88.5 percent in 2021 so far, after starting the year at $776 billion.
When placed on a list of nations by GDP, bitcoin’s $900 billion falls between Mexico ($1.04 trillion) and the Netherlands ($886 billion).
It is also ahead of Switzerland, whose GDP is $707 billion.
Why #Bitcoin $BTC will be Worth $1m $BTC.X - Live Trading News https://t.co/OESC4JZqL9
— Live Trading News (@Livetradingnews)
February 16, 2021
Bitcoin has gained more institutional support lately, triggering another massive rally.
Earlier this month, Tesla announced a $1.5 billion investment in bitcoin, saying it will start accepting it as payment. Also this month, the first bitcoin ETF was approved in North America.
Politicians Lie Governments cannot be trusted buy your #bitcoin offshore move your $BTC offshore https://t.co/BJRL1Pf7Bj pic.twitter.com/AVtxdGo8IL
— Live Trading News (@Livetradingnews)
February 15, 2021
Buy #bitcoin #btc https://t.co/yRRvkOvekL
— Live Trading News (@Livetradingnews)
February 14, 2021
A very simple chart that explains why you need to buy bitcoin. US Government Debt 1942-2021 pic.twitter.com/kDJePiTI40
— Shayne Heffernan (@ShayneHeffernan)
February 13, 2021
AI is the Neat Handwriting of the Illiterate
A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.
Worthship: Do Not Conform to the Age
Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?
The Truth in All Its Ugliness Must Survive
A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.
Don't Be the Best, Be the Only: Winning in an AI World
AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.