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The Bad Crypto Podcast

Bitcoin Breaks $50,000! Bad News For Feb 18th, 2021

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.71.2K Ratings

🗓️ 19 February 2021

⏱️ 58 minutes

🧾️ Download transcript

Summary

Bitcoin Breaks $50,000

Transcript

Click on a timestamp to play from that location

0:00.0

It seems like just one year ago that Bitcoin was at $9,600.

0:04.3

In fact, one year ago on this date, one Bitcoin was worth $9,618.

0:10.4

Fast forward to today, and more than five times that, as Bitcoin has skated across the $50,000 threshold

0:18.0

and even tapped 52K. Uber may start accepting Bitcoin for rides,

0:23.0

Dapper Labs is crushing it with NBA Top Shot and a new $2 billion valuation,

0:28.5

and Elon Musk says Mars settlers will use crypto for transacting, perhaps a Mars coin.

0:35.2

Over 10 years ago, you could buy two pizzas for $10,000 Bitcoin,

0:39.6

while we've come full circle, as two Bitcoin can now buy you $10,000 pizzas.

0:44.9

So come sit down, have a slice with us as we ponder this week's current events

0:49.5

on our bad news episode number 488!

0:53.8

That was a Peter Brady moment, 88!

0:58.1

Of the bad crypto podcasts.

1:00.0

Five, four, three, two, one,

1:05.6

two, three, two, one, two, one, two, three, two, one, two, one, two, one, two, one, two, one, two, one, two.

1:09.6

Hello, Domino's pizza.

1:18.6

Uh, yeah, I'd like to, uh, I'd like to buy 10,000 pizzas.

1:24.6

Okay.

1:25.6

How will you be paying for that today, sir?

1:27.6

I'd like to pay with Bitcoin.

1:29.6

Uh, we only take shit coins here.

1:31.6

And so I have some bad coin.

1:33.6

It's a 50 billion bad coin.

...

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