Backchat: Causing a ruckus with cryptos; Covid, sport and politics
How one very online man has managed to manipulate cryptocurrencies to his benefit; and the cost and continuing appeal of major sporting events amid a global pandemic.
Question: which person’s comments can shift an entire asset class?
The most obvious answer is US Federal Reserve chair Jerome Powell. But a strong second choice would be Elon Musk.
The South African billionaire electric vehicle maker/self-promoter has gleefully manipulated the value of Bitcoin this year, likely to his own benefit.
In late January, Musk added the hashtag #bitcoin to his Twitter bio, and two weeks later, on February 8, Tesla told th…
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