The Day

YOU CAN NOW BUY A TESLA WITH BITCOIN

- CHRIS POWELL

Tesla has invested $1.5 billion in bitcoin and plans to start accepting the cryptocurr­ency as payment “in the near future,” the electric automaker said in a Securities and Exchange Commission filing.

The move is a major sign of support for bitcoin and could encourage other major companies to follow suit in accepting the world’s most popular cryptocurr­ency. Dan Ives, managing director of equity research at Wedbush Securities, called Tesla’s embrace of bitcoin a potentiall­y “game-changing move.”

An HSB survey published in 2020 found that 36% of small and midsized American businesses accept cryptocurr­ency. Tesla will join big names such as Microsoft, Wikipedia and PayPal in accepting bitcoin worldwide.

Tesla’s chief executive Elon Musk has been vocal in his enthusiasm for cryptocurr­ency in recent days. In an early February interview on Clubhouse, the popular audio chat app, Musk called himself a bitcoin supporter and said he’d been “late to the party.” He also briefly added #bitcoin to his Twitter bio.

Nearly everyone will forever remember some admired or even beloved teachers whose insight, enthusiasm and caring pointed students in the right direction. Of course there were and are some mediocre, incompeten­t and even malicious teachers, too, but they are easily forgotten.

So even as society becomes more fractious and angry, there is still a cult of respect around the teaching profession.

But that cult may not last much longer as teacher unions, most notoriousl­y in big cities like New York, Chicago and Los Angeles, but also in most states, including Connecticu­t, obstruct normal school operations amid the coronaviru­s pandemic.

The unions insist on perfect protection against the virus when there is no perfect protection, though risk of transmissi­on is far lower in school than in other places that continue to operate normally.

Of course the damage to schoolchil­dren from the loss of in-person schooling has been catastroph­ic — not just in education but also in their mental and physical health. Recovering will take years.

The teacher unions long have proclaimed the importance of education and the dedication of their members to students, so now maybe the country will see how empty this prattle has been. In effect the unions now are proclaimin­g that education and children don’t matter that much at all.

In pursuit of the greater good during the pandemic, risks are being borne by hospital and nursing home employees, emergency personnel, postal and delivery workers, and supermarke­t clerks and cashiers. But according to the teacher unions, their members cannot bear any risk. No, if even one student or school employee contracts the virus, even without showing symptoms, the whole school must be closed for a week or two and everyone in it must be quarantine­d, though children are the least susceptibl­e to the virus and fatalities from exposure in school are rare.

The “remote” learning offered as an alternativ­e to regular schooling is a joke, since as many as half the students don’t show up and many of those who do show up are impossibly distracted. But while education is destroyed, everyone employed in its name remains on the payroll, compensate­d many times better than the supermarke­t clerks and cashiers without whom no one would be fed.

Gov. Ned Lamont and state Education Commission­er Miguel Cardona, President Joe Biden’s nominee for U.S. education secretary, are part of this pretense. The governor and the commission­er have been hailed for favoring normal operation of schools, but most of Connecticu­t’s schools have not been operating normally.

Though he has ruled by decree under his emergency powers since last March, the governor has failed to order schools to do anything in particular. Local school boards are free to be intimidate­d by the teacher unions, as they usually are intimidate­d along with state legislator­s and as the governor himself seems to be, since keeping government employee union members happy long has been the primary objective of government in Connecticu­t.

Some people say teachers are not pleased with the intransige­nce of their unions amid the destructio­n of education. But if teachers are displeased with their unions and are ready to take the same risks as supermarke­t clerks and cashiers, they have yet to show it. Teacher union leaders may know better than anyone else what is required for election to their offices — better even than people with happy memories of beloved teachers from many years ago. After all, back then Connecticu­t’s public schools were public — that is, administer­ed by elected officials. Today, not so much, as even most school administra­tors are unionized in a conspiracy against the public. School management is not really management.

There’s no harm in cherishing memories of old school days. But they should not blind anyone to the huge change in public education since then.

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