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He told Institutional Investor that by the fall of 2021 bitcoin could be fairly valued at $100,000 per unit based on fundamental factors such as usage and the number of wallets in “the most powerful computing network the world has ever seen.”

Mark Yusko of Morgan Creek Capital Management, aka the man who has set up an Exchange Traded Fund (ETF) to ride the Special Purpose Acquisition Company (SPAC) trend/craze, believes that Bitcoin will be $100,000 by the fall of 2021. Not everyone is a believer, of course.

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Twitter vs Substack

A few months ago, there were rumors that Twitter had made an offer for Substack, the hotter-than-jalapeños email publishing platform. If so, it looks like they got turned down. Instead, Twitter bought Revue, an also-ran, Netherlands-based email publishing company. Many in the technology press believe that Revue will allow Twitter to compete with Substack and … Continue reading Twitter vs Substack

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I am sure, like me, you, too, have been inundated by the photos of Senator Bernie Sanders sitting on a chair (wearing funky mittens) at Joe Biden’s presidential inauguration. It is a meme to the nth power. But when does a meme die? “When a meme breaks the online threshold and starts cropping up on cable news—or when your parents start dropping them in the family text chain,” points out Lifehacker. The average life of a meme is about four months, though lately, the speed with which memes spread and die has revved higher. The Bernie Mittens meme is not going away anytime — I got two new variants while sleeping.