Digital Currents Bitcoin Soars Above $100K and Buffett Waves Goodbye
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May 9, 2025 Bitcoin has hit a remarkable milestone, surpassing $100,000, and Coinbase's hefty acquisition of Deribit is shaking up the global crypto derivatives market. Ethereum's Pectra upgrade introduces smarter validator operations and easier staking. New Hampshire leads the way with a new crypto reserve law, setting a potential nationwide trend. Meanwhile, Warren Buffett's retirement marks a pivotal moment in investment history, prompting reflections on his lasting influence in the finance world.
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Travel Delay Anecdote
- Mark Yusko shared a personal travel delay story involving flight and traffic issues during a business trip.
- He described late flights, traffic jams, and arriving home at 2 a.m., illustrating challenges in his day-to-day schedule.
Money Attracts Both Builders and Scammers
- The pattern of money attracting both hardworking entrepreneurs and scammers repeats throughout history.
- Market cycles show innovators alongside those trying to exploit the system for quick gains.
Tech Trends Need Infrastructure
- Technological advances often need supporting infrastructure to reach mainstream acceleration.
- Innovations start slow but can accelerate dramatically as complementary tech components develop.