"As the US economy became more dependent on fake money...it also came to be weirder in other ways. Investors, for example, were willing to put their money into projects with no products...no profits...and no hope that earnings would ever justify the price."It was as if they came to favor schemes which – like their money itself – had no measurable substance."
"We've got BIG NEWS! We're buying $5 million in Bitcoin on our own balance sheet."
"MicroStrategy started buying large amounts of Bitcoin in August via Coinbase's institutional service, making the cryptocurrency its primary reserve asset. After exhausting its own excess cash, the company raised funds by selling $650 million worth of convertible senior notes to buy more Bitcoin, causing Citigroup to downgrade its stock. At the current price, MicroStrategy's 70,470 Bitcoins are worth more than $1.6 billion."