Why You Should Buy Bitcoin Right Now (Seriously, Don’t Miss Out!)

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So, here we are, folks. Bitwise Asset Management, the investment giant, has decided to drop a memo titled “The Great Derisking of Bitcoin.” Sounds fancy, right? Chief Investment Officer Matt Hougan claims it’s the best time in history to buy Bitcoin. I mean, who doesn’t love a good gamble? 🎰

Hougan reminisces about his first encounter with Bitcoin back in February 2011. Picture this: a bunch of financial analysts sitting around, and one bright-eyed kid mentions Bitcoin just crossed a dollar. A dollar! If only he had thrown in a grand back then, he’d be sitting on $88 million now. But hey, who’s counting? 😏

But let’s not get too carried away. Back then, sending $1,000 to some random PayPal address felt like tossing your money into a black hole. And let’s not even talk about custody and regulations. It was like playing poker with a bunch of guys who just learned the rules. “Throw in some government oversight, and you’ve got yourself a real circus,” Hougan quips. 🎪

Now, Hougan’s all about how Bitcoin has overcome every existential threat imaginable. Remember when the NSA tried to create digital cash? Yeah, that went nowhere. But Bitcoin? It’s like the cockroach of the financial world—surviving everything! 🪳

Then came Coinbase in 2011, making it easier for the average Joe to buy Bitcoin. It was like opening the floodgates. And suddenly, the regulatory fears started to fade. In 2024, the US introduced spot Bitcoin ETFs, and it was like a green light for institutions. “Finally, we can invest without worrying about the government breathing down our necks!”

Bitcoin’s Last Threat? Poof!

But wait, there’s always that nagging question: What if the government decides to ban Bitcoin? Hougan brings up the 1933 gold confiscation. “Why would they let Bitcoin grow big enough to challenge the dollar?” he asks. Good point! But if it does, at least you’ll be sitting pretty on your investment, right? 😅

Then, out of nowhere, Trump signs an executive order for a US Strategic Bitcoin Reserve. Just like that, the last existential risk disappears. “Oh, look! The government is investing in Bitcoin! What a twist!”

Critics are scratching their heads, wondering why the US would promote a competitor to the dollar. But Hougan thinks it’s all about positioning Bitcoin as a hedge. “If the dollar’s in trouble, we’d rather have Bitcoin than the Chinese yuan,” he says. Makes sense, I guess. 🤷‍♂️

On the institutional side, things are changing. Two years ago, 1% in Bitcoin was considered risky. Now, it’s climbing to 3%. “As the world wakes up to Bitcoin’s derisking, we might see 5% and beyond,” Hougan predicts. Who knew Bitcoin would become the new safe bet? 🤑

And as of now, BTC is trading at a cool $87,865. So, what are you waiting for? Dive in! Or don’t. I mean, it’s your money. Just don’t come crying to me if it all goes south! 😬

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2025-03-26 13:17