Matt Hougan, Chief Investment Officer at Bitwise Asset Management, declared that the final existential threat to Bitcoin (CRYPTO: BTC) vanished with President Trump’s recent executive order establishing a U.S. Strategic Bitcoin Reserve.
What Happened: In a note released on Tuesday, Hougan argued that this move eliminates the lingering fear of a government ban, marking the present as the safest time ever to invest in Bitcoin on a risk-adjusted basis.
Hougan traced Bitcoin’s journey from its early days, recalling a 2011 meeting at ETF.com where it first hit $1—a moment he skipped investing in due to steep risks like shaky exchanges and regulatory uncertainty.
“Back then, …
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