If you follow along with the cryptocurrency ecosystem, you know that Bitcoin has had quite a week.

On Tuesday, Tesla founder Elon Musk announced that the company had purchased $1.5 billion in Bitcoin and plans to accept payment for its products in the currency. Tesla is the latest in a string of larger companies, including Visa, PayPal and Square, to join the hype, and Bitcoin enthusiasts are excited at the prospects of institutional investment in the crypto space.

“The currency becomes more valuable as people entrust more of their time, computational power and native currencies into it,” one local expert told us late last year.

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