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The cryptocurrency traded as high as $19,786.24 Monday, beating its 2017 high by about $3.
Bitcoin is up more than 169% in 2020 as a whole, and the Bitcoin Bulls see even more growth to come thanks to companies like PayPal helping bring crypto to the mainstream. All of which means the Winklevoss twins continue to be proven right, though their latest proclamation is really very bullish. "Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold," Tyler Winklevoss told CNBC on Monday. "If it does that it has to have a market cap of $9 trillion. So we think bitcoin could price one day at $500,000 a bitcoin."
David Pierce ( @pierce) is Protocol's editor at large. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.
Twitter’s future is newsletters and podcasts, not tweets
With Revue and a slew of other new products, Twitter is trying hard to move past texting.
We started with 140 characters. What now?
David Pierce ( @pierce) is Protocol's editor at large. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.
Twitter was once a home for 140-character missives about your lunch. Now, it's something like the real-time nerve center of the internet. But as for what Twitter wants to be going forward? It's slightly more complicated.
In just the last few months, Twitter has rolled out Fleets, a Stories-like feature; started testing an audio-only experience called Spaces; and acquired the podcast app Breaker and the video chat app Squad. And on Tuesday, Twitter announced it was acquiring Revue, a newsletter platform. The whole 140-characters thing (which is now 280 characters, by the way) is certainly not Twitter's organizing principle anymore. So what is?
David Pierce ( @pierce) is Protocol's editor at large. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.