“We believe that we invent symbols,” the author Gene Wolfe once wrote. “The truth is that they invent us; we are their creatures, shaped by their hard, defining edges.”

Many creatures of the crypto ecosystem, then, rejoiced Tuesday upon news that Bitcoin had pushed past a powerfully symbolic price: $42,069. 

The numeric figure, in its combined reference to cannabis culture and a mutually beneficial sex position, has long held sway over the hearts and minds of crypto traders and advocates.

As meme numbers, 69 and 420 have enjoyed a particular significance in internet circles for years. Their combined appearance has often been heralded as an auspicious omen. 

Many Twitter users celebrated Bitcoin’s most recent crossing of the $42,069 mark when it first occurred on Monday evening, then once again on Tuesday when BTC retook the figure after dipping slightly. The coin has continued to climb since then, up above $44,000 at writing, according to CoinGecko.

Some even paid tribute to the momentous occasion with sacrifices of small quantities of marijuana. 

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Author: Sander Lutz

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