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.
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.
