{"id":127405,"date":"2025-04-17T18:16:49","date_gmt":"2025-04-17T18:16:49","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127405"},"modified":"2025-04-17T18:16:49","modified_gmt":"2025-04-17T18:16:49","slug":"digital-currency-group-ceo-barry-silbert-says-he-should-have-just-held-btc","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127405","title":{"rendered":"Digital Currency Group CEO Barry Silbert says he should have just held BTC"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBarry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.<br \/>\nDuring an April 17 appearance on Raoul Pal&#8217;s Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once the price of BTC surged, Silbert started looking for early-stage crypto companies to invest in. The executive told Raoul Pal:<br \/>\n&#8220;I was using Bitcoin to make a bunch of those investments, and you would think, if you invested in Coinbase you would have done really well. Had I just held the Bitcoin, I actually would have done better than making those investments.&#8221;<br \/>\nSilbert&#8217;s comments come at a time when Bitcoin maximalists, including Strategy co-founder Michael Saylor, forecast a seven-figure Bitcoin price in the coming decade, and BTC receives greater attention from governments worldwide.<br \/>\nBitcoin price history 2011-2025. Source: CoinMarketCapRelated: Bitcoin gold copycat move may top $150K as BTC stays &#8216;impressive&#8217;<br \/>\nBitcoin could hit $1 million if US begins buying BTC<br \/>\nZach Shapiro, the head of the Bitcoin Policy Institute (BPI) think tank, recently predicted BTC would hit $1 million per coin if the United States government were to purchase 1 million BTC.<br \/>\n\u201cIf the United States announces that we are buying a million Bitcoin, that\u2019s just a global seismic shock,&#8221; Shapiro told Bitcoin Magazine in an April 16 podcast appearance.<br \/>\nBo Hines, the executive director of President Trump&#8217;s White House Crypto Council, signaled that the council is exploring several budget-neutral strategies for acquiring more Bitcoin for the US Strategic Reserve.<br \/>\nThese strategies included revaluing the US Treasury&#8217;s gold reserves, which are currently priced at $43 per ounce while the market rate is at an all-time high of $3,300 per ounce, and funding Bitcoin acquisition through trade tariffs.<br \/>\nBTC has been floated as a way to eliminate or alleviate the growing national debt by President Trump and several market analysts.<br \/>\nAccording to asset management firm VanEck, Bitcoin could help claw back the $36 trillion national debt by $14 trillion if the US Treasury introduces long-term bonds with BTC exposure.<br \/>\nMagazine: TradFi fans ignored Lyn Alden\u2019s BTC tip \u2014 Now she says it\u2019ll hit 7 figures: X Hall of Flame<a href=\"https:\/\/cointelegraph.com\/news\/digital-currency-group-ceo-barry-silbert-should-held-btc?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBarry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127405"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127405"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127405\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127405"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}