Miguel Afonso Caetano<p>"For those of you in the United States, I hope you had a lovely Thanksgiving. I especially hope you didn’t have to endure any guests who had read the various “how to talk to your family about crypto this Thanksgiving” explainers from crypto media outlets, most of which sounded like some form of multi-level marketing indoctrination manual, with bullet points like “ETFs have made crypto investing simpler and safer” and “Crypto could flourish further under Trump”.1 Could you pass the gravy, grandpa, while I tell you about why Elon Musk’s brilliant scheme to optimize the government is named after a shiba inu-themed memecoin?</p><p>Bitcoin has surpassed the $100,000 mark, a highly anticipated milestone among bitcoiners. After surging $90,000 post-election, it was merely a question of how soon the token would hit that elusive number. The purchase of the president-elect and many Congresspeople, while expensive, has already produced returns — crypto billionaires have recouped that spending and then some."</p><p><a href="https://www.citationneeded.news/issue-71/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">citationneeded.news/issue-71/</span><span class="invisible"></span></a></p><p><a href="https://tldr.nettime.org/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> <a href="https://tldr.nettime.org/tags/Cryptocurrencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cryptocurrencies</span></a> <a href="https://tldr.nettime.org/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> <a href="https://tldr.nettime.org/tags/Celsius" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Celsius</span></a></p>