According to Deaton, buying at six figures isn\u2019t too late. He calls today\u2019s price range \u201cmore asymmetrical,\u201d meaning the upside is greater than the downside. He\u2019s put 80% of his wealth into Bitcoin<\/a>. His average entry cost was less than $25,000. Still, he sees room to run even from around $106,000.<\/p>\n Based on reports, Deaton worries about soaring national debt in the US and fresh tariffs from US President Donald Trump\u2019s time in office. He flags endless money printing by central banks as a red flag.<\/p>\n I\u2019m not in favor of telling people living paycheck to paycheck (me until 15 years ago) to take out a mortgage on their primary home to buy Bitcoin (I\u2019m not suggesting that that\u2019s what David is recommending either), but I am in the process of selling real estate, and although my\u2026 https:\/\/t.co\/JMB1zgeazW<\/a><\/p>\n \u2014 John E Deaton (@JohnEDeaton1) June 8, 2025<\/a><\/p>\n<\/blockquote>\n He says all these moves are chipping away at trust in fiat<\/a> cash. With only 21 million BTC ever to be mined, Bitcoin can\u2019t be inflated away. That fixed supply, he argues, makes it a solid hedge against a shaky dollar.<\/p>\n Corporate And State Adoption<\/strong><\/p>\n Institutional demand is also on the rise. MicroStrategy\u2014now called Strategy<\/a>\u2014holds more than 200,000 BTC, worth tens of billions of dollars. And in the last seven days, 16 companies have added Bitcoin to their balance sheets.<\/p>\nMacro Concerns Drive Interest<\/strong><\/h2>\n
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