CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
BitcoinSistemi 2024-12-05 15:36:07

Bitcoin (BTC) Comment from Coinbase CEO Brian Armstrong! Called on Governments for BTC!

While Bitcoin's surpassing the critical level of $100,000 for the first time is on the agenda of the cryptocurrency market, important names of the crypto world also commented on this historical moment. First, while former Binance CEO CZ re-shared his post about Bitcoin reaching $100,000 in 2021, Coinbase CEO Brian Armstrong also referred to 2012. Related News: Bitcoin Exceeds $100,000, CZ Shares BTC Sale Price! "Did Bitcoin Sell?" Brian Armstrong drew attention to the speed at which Bitcoin has risen and emphasized the investment opportunity that Bitcoin has offered since 2012. Coinbase CEO, who also suggested strategic Bitcoin reserves to governments, pointed out that the $100 investment made in Bitcoin in 2012, the year the company was founded, has reached $1.5 million today. Stating that Bitcoin is the best-performing asset of the last 12 years, the famous CEO argued that BTC is still in its early days and has more potential for an uptrend. “If you had bought $100 worth of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000. If you held on to $100 you would only be able to buy about $73 worth of goods today. Bitcoin is the best performing asset of the last 12 years and is still in its early stages. Any government that wants to create a hedge against inflation should create a Bitcoin strategic reserve. Happy Bitcoin $100,000 day.” If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000. If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today. Bitcoin is the best performing asset of the last 12 years, and it's still early… pic.twitter.com/dvBgX5K7or — Brian Armstrong (@brian_armstrong) December 5, 2024 *This is not investment advice. Continue Reading: Bitcoin (BTC) Comment from Coinbase CEO Brian Armstrong! Called on Governments for BTC!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.