Welcome to the Tech Mem Ride Home for Tuesday, February 16th, 2021. I'm Brian McCullough today.

Bitcoin hits its latest biggest milestone yet. A one-plus co-founder's latest startup is

nothing but it bought something essential. I'll explain why this

who's on first routine might be interesting. Also why government antitrust action has a

tendency to open the litigation floodgates and if you've been hearing about that new

app Dispo I've got an explainer for you because that's what I'm here for. Here's what you missed today in the world of tech.

I promise not to do this again until Bitcoin either crosses $100,000 or goes back below $10,000.

We are bounded on either end, basically.

We can't be in the business of mentioning the price movements of crypto all the time, but I did

think it was worth mentioning that this morning Bitcoin briefly passed the

$50,000 per coin mark for the first time ever. I know we've been trying to keep our eyes

on the resurgence of crypto generally over the last six months, but I think it's

also worth pointing out the speed of this current rally quoting Bloomberg. The world's largest

currency jumped as much as 4.9% to 50,540 and is now up 70% so far this year.

Bitcoin paired its gain after setting the record high,

and Ether, a rival crypto, hit a record on Friday

and is up about 140% year to date.

After ending last year with a fourth quarter surge of 170%

to around $29,000, Bitcoin token jumped to $40,000,

seven days later. It took just nearly six weeks to breach

the latest threshold, buoyed by endorsements from the likes of Paul Tudor Jones,

Stan Druckenmiller and Elon Musk.

...