Bitcoin's Remarkable Growth: $100 Investment in 2012 Now Worth $1.5 Million
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A $100 Bitcoin investment from Coinbase's founding in 2012 would be worth $1.5 million today, while the same USD amount now equals $73 in purchasing power. As the best-performing asset over 12 years, Bitcoin's potential suggests governments should consider it for strategic reserves against inflation.
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.
If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.
Bitcoin is the best performing asset of the last 12 years, and it's still early days.
Every government, especially those looking to create a hedge against inflation, should create a Bitcoin strategic reserve.
Happy Bitcoin $100k day.