1.21 Gigawatts (What is Dead May Never Die)

All Herald the Inglorious Return...

What a strange week.

Henrik Fisker of once-bankrupt Fisker Automotive unveiled the Fisker Inc. EMotion this week at the Consumer Electronics Show in Las Vegas in a dramatic attempt to compete with Elon Musk and Tesla's ($TSLA) Model S. Or, more accurately put, he unveiled a pre-production model, because, well, it's CES and that's what people do: build shiny models to show off with bold statements and abstract availability dates. Just ask Faraday Future. Target price for the EMotion? $130k. "With a target price of $130,000, the EMotion won't be a mass-market car, and suggests that Fisker Inc. could go the way of Fisker Automotive." Right. Good luck with that. 

Thank you Disney ($DIS) and Netflix ($NFLX): the two are largely to credit (blame?) for the recent resurgence in...wait for it...cassette tapes. Yup, you read that right. Thanks to Guardians of the Galaxy, Stranger Things and 13 Reasons Why, cassettes enjoyed a 74% increase in sales in '17. While this may be hipsterific AF, we don't expect to see this "growth" listed as a "risk factor" in Spotify's coming direct listing. 

The resurgence of Nintendo.

Finally, we'd be remiss if we didn't mention once-bankrupt Kodak's ($KODK) foray into cryptocurrency (KODAKCoin). Because the more we read about it, the dumber it sounds and the more the company seems screwed, term loan rally be damned. But, hell, why not? Coming soon to Coinbase account near you: iHeartCoin, JCrewCoin, CenveoCoin, SearsCoin, Bi-LoCoin, etc. After all, there's THIS CHART (followed by a chart of blockchain-related stocks)...

Bitcoin (Bust Out the Big Guns. Literally.)

What all of the big name investors have said about it. We really liked this befuddling bit from Marc Lasry of Avenue Capital, "I should have bought bitcoin when it was $300. I don’t understand it. It might make sense to try to participate in it, but I can’t give you any analysis as to why it makes sense or not. I think it’s real, as it coming into the mainstream." Ok, sure.

Meanwhile, once you start to understand the risks, this whole Bitcoin craze seems even...uh...crazier. Coinbase, for instance, may not be available to manage your transaction. A Board member is saying to proceed with caution (read: people are worried about lawsuits). Good luck with that volatility, then. And, security, apparently, is shockingly old school (must read - click "still too pricey" to view article). Maybe THIS really is the right way to protect your $BTC. W.T.F.

This seems like the most level-headed bit we've seen on BTC this week.