Digital Currency Group CEO Barry Silbert says he should have just held BTC
Barry Silbert, the CEO of Digital Currency Group, reflected on his investment decisions during an April 17 appearance on Raoul Pal's Journey Man podcast. He noted that he would have achieved better financial results had he simply held onto the Bitcoin he bought in 2011 for $7-$8 per coin, instead of investing in early-stage crypto companies. Silbert expressed that despite his investments, including in Coinbase, holding Bitcoin would have yielded greater returns. His comments come amid rising optimism among Bitcoin proponents about its future value. Specifically, predictions suggest that Bitcoin could reach a seven-figure valuation if, for instance, the U.S. government were to acquire significant amounts of Bitcoin. Additionally, strategies explored by the White House Crypto Council could leverage Bitcoin as part of the national financial strategy. Overall, Silbert's reflection highlights an ongoing debate about the comparative merits of holding Bitcoin versus active investment in the broader cryptocurrency ecosystem.
Source đ