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Bitcoin Blasts Past $21,000 for First TimeIs Bitcoin for Real? with Joe Weisenthal � How does bitcoin work? Where did it come from, why does it exist, and will it ever be used for everyday purchases? By Joe Weisenthal and Tracy Alloway. December 6, at AM PST. Save. Listen. For whatever reason, Bitcoin has been surging again. It recently. What does it mean for Bitcoin to be above $40K? Some brief thoughts.