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Way, Way Beyond Meat (Or Uber): We Can’t Keep Up With Bitcoin’s Stunning Ascent

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Yesterday we wrote an article about Bitcoin.

It’s out of date.

We noted that the digital asset had climbed past the $6,000 mark.

SIMETRI Research

We apologize: but since most of our staff are busy at Ethereal Summit and Consensus in New York, we don’t have enough writers to create a really in-depth analysis of the few hours during which Bitcoin traded between $6,000 and $7,000.

So you’ll have to make do with this: Bitcoin is now testing $7,000, and reached $7,018 on Coinbase at 12:19pm, ET today.

Uber and Lyft may have made a few people rich – although later investors are probably cursing their choices.

Beyond Meat may provide some fleeting news-driven excitement.

But for deep-seated, long-term value in an asset class that has global resonance and the potential for true societal good? It’s hard to look Beyond Bitcoin.

One bubble might be considered a fluke. Two might be considered a coincidence.

A continuing pattern of ascent in the face of deep-seated establishment opposition?

That sounds like a change in the world order.

 

Bitcoin Chart

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

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