The Magical $20,000 Line

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Pretty cool stuff, isn’t it?

I would also mention, relatedly, that MicroStrategy’s Michael Saylor was telling people to mortgage their houses in order to raise cash to buy Bitcoin. I’ve put an arrow at the point where he was offering this free investment advice. I think it’s down about 60% from that “mortgage your house” level. One wonders if anyone was insane enough to actually do precisely what he was telling them.