Tesla sold their Bitcoin for an average price of $28,888 which coincides with the breakdown that led to cascading liquidations across the market in mid-June

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

Created Sep 9, 2010

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