Barry Silbert confesses that he would have better keeping his BTC than investing in companies

A veteran of the crypto ecosystem recognizes that their early investments in companies, despite giving good dividends, did not exceed the performance of Bitcoin.

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• Barry Silbert says he would have won more if he had only kept his BTC
• Instead, he took the capital and invested it in companies such as Coinbase.
• Despite having derived profits, he considers that it would have been more profitable to keep the bitcoins.
• Michael Saylor and other enthusiasts estimate that Bitcoin The USD $ 1 million will exceed.
• UU. Consider buying strategies Bitcoin as a strategic reserve.

The founder and CEO of Digital Currency Group (DCG)Barry Silbert, said he would have had greater yields if he had simply maintained the Bitcoin which bought more than a decade ago, instead of investing them in emerging companies of the crypto ecosystem.

Silbert’s statements came to place during a new edition of the podcast “Journey man”, driven by Raoul Pal and published this April 17. There, the manager of DCG He reported how he discovered Bitcoin In 2011, when its price was around USD $ 7-8, but, Shortly after, he decided to allocate part of his funds in the digital currency to invest in nascent companies such as Coinbase.

However, when reviewing their returns, Silbert concluded that it would have been more profitable simply not to touch those Bitcoins:

“I was using bitcoin to make many of those investments, and one would think that, if you invested in coinbase, it went very well. But if I had simply kept the Bitcoin, I would actually have gone better than making those investments,” Silbert declared in the podcast.

Passive investment vs strategic investment

Silbert’s statements resonate in a context where speech grows “Maximalist”, that postulates that the best strategy is to accumulate BTC in the long term and not diversify to less solid assets.

One of the main defenders of this vision is Michael Saylor, co -founder of Strategy, who has publicly suggested that Bitcoin It could reach a price of seven figures in the next decade, consolidating itself as a global reserve asset superior to gold.

This type of analysis poses a classic dilemma for investors: is it more to support disruptive companies from their origins or maintain direct exposure to the asset that enables them?

Bitcoin as a National Reserve in the US.

In parallel to the analysis of yield, the future price of Bitcoin It has also entered the field of geopolitics. Zach Shapiro, director of the Think Tank Bitcoin Policy Institute (BPI)he held in an interview with Bitcoin Magazine, reviewed by Cointelegraph, that The price of BTC It could climb up to USD $ 1,000,000 if the US government decided to buy 1 million Bitcoins.

“If the United States announces that you will buy a million Bitcoin, that would be a global seismic shock,” Shapiro said.

Although the idea may sound radical, there are already internal discussions on how to acquire BTC Without impacting the federal budget. Bo hnes, current executive director of the Crypto Blanc CouncilA de Donald Trump, revealed that strategies are being evaluated “Budgetically neutral” to strengthen the national strategic reserve with Bitcoin, As for example, use money from tariffs imposed on commercial partners to acquire more active.

These proposals arrive at a critical moment, with the US fiscal deficit, exceeding USD $ 36 billion. According to projections of the fund manager Vaneck, the emission of bonds of the Treasure with exposure a BTC It could reduce that load in USD $ 14 billion.

A change of perspective

The idea that a decentralized cryptocurrency can be part of the financial arsenal of a nation state no longer sounds crazy. For some, it is a natural evolution of global finances. For others, of a risky political maneuver.

Silbert, although he does not directly address these implications in his interview, does reflect a change of perspective. His critical evaluation of past investments suggests that even the pioneers of the ecosystem are reconsidering the supremacy of the “Hodl” As a strategy.

However, the idea also makes sense after Bitcoin Pizza Day, moment in which developer Lazlo Hanchez paid about 10,000 BTC For two pizzas. Although many may seem unreasonable that fact in the light of the current situation, of not having happened, probably Bitcoin He would not have transcended to be just something that people spoke in forums to become a payment mechanism for products and services in the real world.

The debate is open, and the decisions made in the coming years could redefine both the US fiscal policy. Bitcoin In the global economy.

TO

Retulum written with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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