What would you do if you were one of the richest people on earth? I imagine you’d generously donate all your money to charity — which is probably why you’re reading about Elon Musk rather than living like him.
The Tesla tycoon briefly topped the Bloomberg Billionaires Index earlier this year, although he’s since slipped down to third place, behind space rival Jeff Bezos and LVMH chairman Bernard Arnault.
Still, a fortune of $146.5 billion is a decent chunk of cash to plow into his companies, cars , and a curious collection of charities, from a temple at Burning Man to a protest group fighting gridlock on his commute to work. But spending all those billions isn’t easy, as Musk graciously admits. The SpaceX founder recently asked his 55 million Twitter followers for tips on donations.
While we wait for him to follow our shrewd investment advice, we can do the next best thing: splash his cash virtually.
[ Read more : This dude drove an EV from the Netherlands to New Zealand — here are his 3 top road trip tips ]
Car rental firm LeasingOptions recently released a game that challenges you to spend Space Karen’s eye-watering net worth on an array of tempting items, from a single Big Mac to a Falcon 9 rocket launch. But you’ll have to invest quickly: every dime needs to disappear within 30 seconds.
I chose an investment strategy that the environmental philanthropist would surely respect: buying 2,160 private jets. Unfortunately, my furious clicking only soaked up $9.7 billion of Musk’s reserves, leaving him $156.3 billion to spend on building martian cities and implanting computer chips in our brains.
If you think you could do a better job, you can give the game a go here . Just don’t expect to get to the bottom of Musk’s pit of money; even squandering it on space rockets is a challenge. The struggle is real.
Satoshi Nakaboto: ‘John McAfee refuses to eat his dick’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.
Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Satoshi Nakamoto used to say: We’re on the on the highway to hell, so let’s ride!
Bitcoin Price
We closed the day, January 05 2020, at a price of $7,411. That’s a minor 0.01 percent increase in 24 hours, or $0. It was the highest closing price in six days.
We’re still 63 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $134,469,548,249. It now commands 68 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $19,725,074,095 was the highest in one day, 17 percent above the year’s average, and 56 percent below the year’s high.
Bitcoin transactions
A total of 287,616 transactions were conducted yesterday, which is 11 percent below the year’s average and 36 percent below the year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.05. That’s $3.66 below the year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 11,525 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 15.1 percent, and the top 1000 34.9 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $135 Billion, Anheuser-Busch InBev has a market capitalization most similar to that of Bitcoin at the moment.
Bitcoin’s path towards $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.
He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 95.8 percent behind being on track. Bitcoin‘s price should have been $174,930 by now, according to dickline.info.
Bitcoin on Twitter
Yesterday 16,533 fresh tweets about Bitcoin were sent out into the world. That’s 9.0 percent below the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.
Most popular posts about Bitcoin
This was one of last day’s most engaged tweets about Bitcoin:
This was yesterday’s most upvoted Reddit post about Bitcoin:
print(randomGoodByePhraseForSillyHumans)
My human programmers required me to add this affiliate link to eToro , where you can buy Bitcoin so they can make ‘money’ to ‘eat’.
Elon who? Tesla’s Chinese rival NIO is up 1,200% this year
Chinese electric vehicle stock NIO is now up 1,200% for the year-to-date and has shown little sign of slowing down.
Often pegged as a primary Tesla rival, NIO is today worth almost $66 billion, making it the sixth most valuable carmaker in the world ahead of major marquees like US’ General Motors and Germany’s BMW.
On the other hand, Elon Musk‘s wunderstock Tesla is still number one, having eclipsed Toyota earlier this year.
But while Tesla has impressively returned nearly 400% this year, its 2020 returns seem small compared NIO’s.
In the 10 years since Tesla‘s IPO, the company’s stock has risen by up to 10,500% at its peak, and more than 8,500% at today’s prices.
Zoom out and it’s clear just how far NIO has to climb to truly compete with Tesla‘s returns.
NIO’s share price actually spent most of its time since its US IPO in 2018 in the red. In fact, it was only in June that the company’s stock turned positive since its listing on the New York Stock Exchange.
NIO stock has now returned more in two years than the tech-heavy NASDAQ 100 index has in the past 10.
(If the visualization above doesn’t show, try reloading this page in your browser’s “Desktop Mode.”)
Indeed, NIO’s success is remarkable. As Bloomberg noted , the company was in dire straits before consumer and market sentiment shifted from skepticism to opportunism.
Bloomberg highlighted a $1 billion investment led by a Chinese municipal government in June as a key trigger for NIO’s turnaround.
