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Cryptocurrency News

Bitcoin skyrockets, hitting new record against Australian dollar

A finance expert has confessed he was wrong about a product that has just hit a record high. So he decided to try it for himself.


Confession time: I’ve been wrong a lot. This is embarrassing because supposedly, I’m a smart person. Educated. I write things that sometimes get published. But gee whiz I have been wrong.

I celebrated Bitcoin’s fall in 2018, I said Afterpay was a joke in 2019, and I said Elon Musk was doomed to bankruptcy in 2017. Musk is now the world’s second richest person, Afterpay is up about a thousand per cent, and Bitcoin just set a new all-time record in Australian dollar terms.