Each Friday, Farhad Manjoo and Mike Isaac, technology reporters at The New York Times, review the week’s news, offering analysis and maybe a joke or two about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here.

Mike: Ahoy, Farhad! How was your week? Mine was great. I forgot I had an old Bitcoin wallet sitting in a closet somewhere, and as it turns out, I am now a millionaire. I wonder if I should keep my job?

Farhad: Did you really? Many years ago I spent $1,000 to buy seven Bitcoins. Then the price went up slightly and I stupidly sold them — netting me a cool $150 in profit. I felt like a genius. Today, I’m the dumbest man ever.

Mike: Yes, well, don’t come crawling to me for Bitcoins any time soon. I’m not made of money. (Yet.)

Bitcoin Mania

Mike: Seriously though, this week in Bitcoin news was truly insane. The digital currency shot to more than $17,000 per BTC, up from $12,000 literally just a few days ago. It’s totally nuts. Nathaniel Popper, our trusty colleague, has done a fantastic job chronicling the saga for The Times, if you haven’t read his work this week.