Wednesday, May 15, 2019

Bitcoin’s bulls are revving up the Lamborghinis

Bitcoin’s cheerleaders are making the most of this year’s Blockchain Week, the annual New York junket where past promotional stunts have included renting Lamborghinis to park outside events (to create an impression of the untold wealth inside). After a deeply chastening 2018 for cryptocurrencies, you might have expected a little more circumspection from the digital money crowd.

https://i.redd.it/hpx0pvi9xby21.jpg

Over the past month, the price of a Bitcoin has jumped by 40% from about $5,000 to more than $7,000 (it hit a low of just below $3,500 earlier this year), and crypto celebrities have been quick once more to play on the public’s Fear Of Missing Out.

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