The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system.

This episode is sponsored by Nexo.io.

Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.”

The price of bitcoin surged in the wake of the tweet, as did Google searches for “bitcoin.” The price increases liquidated some $387 million in short…

… Continue Reading at: www.coindesk.com [source]