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While Bitcoin surpassed $100 thousand for the first time in its 16-year history, leading names in the crypto world also weighed in on the price move. Changpeng Zhao, the former CEO of the world’s largest stock exchange Binance, and Brian Armstrong, the CEO of America’s largest crypto platform Coinbase, were not indifferent to more than 100 thousand dollars.
CZ: Everything is cheaper now.
CZ, whose life in prison in the USA ended in September and later returned to Dubai, touched on the importance of the rise in the number of Bitcoins and said:
“Everybody says, ‘You made a lot of money with Bitcoin, congratulations.’ And I told them, ‘I still have the same amount of bitcoins,’ I say.
“If you had invested $100, it would have been $1.5 million.”
Coinbase CEO Brian Armstrong emphasized the speed and strength of Bitcoin’s rise:
“If you bought $100 worth of Bitcoin when Coinbase was founded in 2012, that amount would be worth $1.5 million today. If you still had that $100 bill, that would have a purchasing power of $73 in today’s money. Will be.
Bitcoin is the best performing asset of the last 12 years. We are still in the early stages.
“All states, and especially those struggling with inflation, should create a Bitcoin strategic reserve.”
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