Digital Currency Group CEO Barry Silbert said he would have been better off holding BTC.

Barry Silbert of Digital Currency Group said that by holding on to the Bitcoin he had invested in the early stages of crypto projects back around 2012, he could have achieved higher returns.

The April 17 appearance Silbert claimed to have discovered Bitcoin in Raoul Pal’s Journey Man show.BTCIn 2011, Silbert purchased BTC for $7 to $8 per coin. Silbert looked for crypto startups to invest in when the BTC value soared. Raoul Pal was told by the executive:

“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.”

Silbert’s comments are timely, as Bitcoin maximalists such as Strategy co-founder Michael Saylor predict a Bitcoin price of seven figures in the next decade. BTC is also receiving more attention from governments around the world.

Related: Bitcoin gold copycat move may top $150K as BTC stays ‘impressive’

Bitcoin may reach $1,000,000 if US buyers begin buying BTC

Zach Shapiro is the director of the Bitcoin Policy Institute, a think-tank. BTC would hit $1 million The United States government would pay $1.01 per BTC if it purchased 1,000,000 BTC.

“If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock,” Shapiro told Bitcoin Magazine in an April 16 podcast appearance.

Bo Hines is the Executive Director of the White House Crypto Council under President Trump. He has indicated that the Council will be exploring a number of options. budget-neutral strategies for acquiring more Bitcoin The US Strategic Reserve.