Daily Crypto NewsEDITION #150, 11 February 2021

Twitter, chirp!

Hey #Moni Maker 🙃

Today, in 1978, China lifted the ban on reading Aristotle, Shakespeare, and Dickens.

Prohibition makes the fruit sweeter, so authorities in many countries have chosen the tactic "If you can't beat them, join them”. Cryptocurrency regulation is in full swing, and it is still unclear what can happen in the future.

But cryptocurrency cannot be fully controlled because it is decentralized. That's why we love it so much!

So, to the Digest?

Square, Twitter CEO Jack Dorsey's company, is already investing in BTC. In October 2020, it invested $50 million, becoming the second public company in the U.S., after MicroStrategy, to do so. Earlier this week, Tesla joined them, buying BTC for $1.5 billion.

So what?

Hmmm, now Twitter has bought BTC and will block Peter Schiff...

Seriously, here's a business idea: make a betting website with voting who’s next to throw in a bitcoin. Or do you already have one? Email us at talks@getmoni.io!

Lindsay Lohan tweets about Bitcoin with 8.4 million followers.

So what?

Good job, Lohan. Let's make a feet with Solja Boy, there's not much room in the hype machine :)

Elrond (EGLD) announced that Exeedme, a cybersports blockchain platform will accept eGold payments through the Maiar app.

So what?

Porn, games, Tesla... the masses of adoption are already on our doorsteps, with a bouquet of transactions and a box of bitcoins. Come on in, honey!

Social network Reddit has raised more than $250 million in investment in an E round from existing and new investors.

“We have raised more than $250 million in Series E funding from existing and new investors. We decided that now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products, and expanding into international markets” - Reddit’s announcement tells.

According to CrunchBase, Reddit has raised $550 million since its founding in 2005. According to its own data, the social network has more than 50 million daily users.

As a reminder, earlier this year Reddit was at the center of a story about stock market rocking by private investors from the r/WallStreetBets community.

Reddit users decided to buy up shares of "dying" GameStop stores and raise prices on them.

So what?

In 10 years, the CEOs of social networks will rule the world along with corporations like Tesla and Apple.

Even ordinary users can outplay the Wall Street Wolves...What CEOs can?...

A lot has changed since then. And Bitcoin has risen 4,559,900% in that time.

And one more thing...Buy Bitcoin! 😉