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KF5JRV > TECHNI 27.10.19 15:40l 22 Lines 1223 Bytes #999 (0) @ WW
BID : 16752_KF5JRV
Read: GUEST
Subj: Bitcoin Avocado Link
Path: IW8PGT<IR2UBX<OK0NBR<OK2PEN<GB7CIP<AB0AF<KF5JRV
Sent: 191027/1331Z 16752@KF5JRV.#NWAR.AR.USA.NA BPQK6.0.18
Bitcoin, a cryptocurrency that seemingly can’t help but draw breathless speculation from financial experts, may finally have a basis in our tangible reality.
And it’s avocados.
Bloomberg analyst Tracy Alloway first noticed the trend, tweeting a graph that shows a striking similarity between the rises and falls of Bitcoin and, well, avocado prices. As Decrypt reports, the correlation has held up strikingly well over time.
*BITCOIN DROPS TO LOWEST LEVEL SINCE JUNE
The avocados told me this would happen. pic.twitter.com/5rOyE3Ohak
— Tracy Alloway (@tracyalloway) October 24, 2019
A brief moment of clarity: the Bitcoin/avocado link is almost certainly a fluke. It’s probably one of those bizarre statistical coincidences, like how per capita cheese consumption in the U.S. has a nearly-perfect correlation with the number of people who die after getting tangled in their bedsheets.
As Decrypt reports, the Trump administration’s policies and tariffs against Mexican imports could soon have a major impact on the avocado market — so we’ll have a fresh chance to see if the popular cryptocurrency somehow goes with it.
73, Scott KF5JRV
Pmail: KF5JRV @ KF5JRV.#NWAR.AR.USA.NA
Email: KF5JRV@GMAIL.com
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