DCG CEO: If you keep holding the bitcoins invested in early crypto projects in 2012, the returns will be higher
According to online reports, Barry Silbert, CEO of Digital Currency Group (DCG), reflected in a podcast that if Bitcoin, which was invested in early crypto projects in 2012 (which was purchased at US$7-US$8 at that time), had been held, the returns would be higher. He also pointed out that most current cryptocurrencies lack actual monetary value. At the same time, Bitcoin minimalists predict that BTC may exceed one million dollars in the next decade. Zach Shapiro, head of the Bitcoin Policy Institute (BPI), said that if the U.S. government announced the purchase of 1 million BTC, it would cause a huge market shock. The Trump Cryptography Committee is also exploring ways to increase BTC through revaluation of gold reserves or tariffs to deal with the U.S. debt crisis. Asset manager VanEck analyzed that BTC-linked bonds may help reduce $14 trillion in national debt.
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