{"id":53172,"date":"2021-01-12T14:13:38","date_gmt":"2021-01-12T19:13:38","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=53172"},"modified":"2021-01-12T14:13:38","modified_gmt":"2021-01-12T19:13:38","slug":"rosie-sleeps-too-much-bitcoin-doesnt-sleep-enough-paypal-has-some-cute-bitcoin-graphics","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=53172","title":{"rendered":"Rosie sleeps too much. Bitcoin doesn’t sleep enough. PayPal has some cute bitcoin graphics."},"content":{"rendered":"

We’re stuck at home. Our problems are overwhelming.<\/p>\n

+ “Rosie’s always sleeping. There must be something wrong with her.”<\/p>\n

Quick. Rush to Dr. Google:<\/p>\n

According to experts at the National\u00a0Sleep<\/b>\u00a0Foundation, it’s normal for\u00a0dogs<\/b>\u00a0to spend about 50% of their\u00a0day<\/b>\u00a0asleep. Another 30% of the\u00a0day<\/b>\u00a0is spent \u201cresting,\u201d while\u00a0dogs<\/b>\u00a0are active, just about 20% of the\u00a0day<\/b>. This is pretty normal for carnivores \u2014 lions spend 18 or more hours per\u00a0day<\/b>\u00a0sleeping and resting!<\/p>\n

Rosie awake:<\/p>\n

\"\"<\/p>\n

Next problem:<\/p>\n

My friends are getting rich on bitcoin<\/p>\n

But I’m not.<\/p>\n

I was just about to buy some GBTC this morning. But, by the time I got back from tennis, it had fallen 17.50%. That was yesterday. Still, had I been smart a year ago I could have gotten stinking rich with GBTC, the only “ETF” to to play bitcoin. Today, Tuesday, GBTC is up 5.70%.<\/p>\n

Look at bitcoin over the last year –to yesterday. (But not much different this morning.)<\/p>\n

\"\"<\/p>\n

Look at the GBTC over the past year compared with the “miserable” performance of the Dow, Nasdaq and the S&P500. They’re down the bottom.<\/p>\n

\"\"<\/p>\n

While you’re splitting your sides with envy, don’t. We also own ENPH. It’s done much better than bitcoin in the past 12 months.<\/p>\n

\"\"<\/p>\n

That doesn’t mean it won’t go to $100,000 by Christmas. In fact, it clearly will. I am receiving several emails a day from bitcoin “experts,” whom I can interview (for free).<\/p>\n

In case you didn’t know (or care), I’m on everybody ‘s press mailing list who’s trying to hype bitcoin into the ionosphere.<\/p>\n

Want to hype something, buy a press emailing list — there’s millions of them — a send out creative mailers every ten minutes.<\/p>\n

To my tiny brain, bitcoin and its million other brother cryptocurrencies, are a stretch. Everything about them is “hard.” They’re hard to buy. They’re hard to sell. When I started reading about GBTC — the Grayscale Bitcoin Trust — my brain fogged up. It’s not a real ETF, though it does charge 2% a year management fees and claims to have $20.7 billion under management. That means it’s getting $414 million in fees a year. Nice work if you can get it.<\/p>\n

I can buy and sell bitcoin now through Paypal. Click here.<\/a>\u00a0<\/strong>I do like this note on PayPal’s web site:<\/p>\n

\"\"<\/p>\n

Maybe bitcoin will hit $100,000? Maybe it won’t. I’d rather play with real companies doing real things and earn money I can spend at my local supermarket. I could keep writing about how 20% of bitcoins have disappeared. I could write about “mining” bit coins in Iceland where electricity is cheap and the locals love gambling…<\/p>\n

Take a flyer. You got to admit PayPal’s graphics are cute. They’re animated with flying birds and everything.<\/p>\n

\"\"<\/p>\n

More fun stuff<\/span><\/strong><\/p>\n

\"\" \"\"<\/p>\n

\"\"<\/p>\n

\"\"<\/p>\n

Last Sunday I sent everyone an email:<\/strong><\/span><\/p>\n

A video from Arnold, A report from the New York Times on “Battle Cry of a Disparate Mob” and The Case for Removing Trump<\/em><\/p>\n

If you missed it, here’s the email:<\/p>\n

In PDF format:\u00a0Sunday January 10 <\/a><\/p>\n

Please check the list of our stocks. I made some changes.<\/p>\n

See you tomorrow. — Harry Newton.<\/em><\/p>\n

Breaking News<\/strong><\/span><\/p>\n

I just received this email:<\/p>\n

Dear media representatives,<\/p>\n

Atlas VPN team found that blockchain hackers stole nearly $3.78 billion in 122 attacks throughout 2020. Blockchain-linked attacks that happened last year alone account for almost a third (33%) of all time hacks aimed at blockchain projects.<\/p>\n

The report shows that:<\/p>\n

+ In 2020, blockchain hackers stole $3.78 billion in 122 hack events.
\n+ ETH DApps had the most hacks \u2014 \u00a047 successful attacks cost victims around $436.36 million.
\n+ Next up were cryptocurrency exchanges \u2014 28 breaches amounted to $300.15 million in losses.
\n+ Blockchain wallets occupy the third spot in the list \u2014 27 hacks amounted to $3.03 billion in losses.
\n+ Blockchain wallet hacks were the most profitable, netting cybercriminals around $112.12 million per breach.
\n+ The number of blockchain-related hacks in 2020 dropped by 8% compared to 2019.<\/p>\n

I don’t know what all this means.<\/p>\n

But today, Tesla, Plug Power, DocuSign, Amazon, TelaDoc, Trade Desk, ETSY and others are doing just fine.<\/p>\n

I did a wonderful cross court backhand today. In stunned amazement, my partner shouted, “Where did that come from?”<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

We’re stuck at home. Our problems are overwhelming. + “Rosie’s always sleeping. There must be something wrong with her.” Quick. Rush to Dr. Google: According to experts at the National\u00a0Sleep\u00a0Foundation, it’s normal for\u00a0dogs\u00a0to spend about 50% of their\u00a0day\u00a0asleep. Another 30% of the\u00a0day\u00a0is spent \u201cresting,\u201d while\u00a0dogs\u00a0are active, just about 20% of the\u00a0day. This is pretty normal […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53172","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53172"}],"version-history":[{"count":11,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53172\/revisions"}],"predecessor-version":[{"id":53197,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53172\/revisions\/53197"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}