John Deaton Claims Buying Bitcoin at $106K Offers Safer Long-Term Investment

John Deaton, a prominent crypto lawyer and advocate for XRP, is challenging conventional wisdom by arguing that buying Bitcoin at its current price of $106K offers greater safety compared to scooping it up at a lower point like $25K. This statement has sparked a lively discussion in the cryptocurrency community. Deaton’s reasoning centers on several factors including economic uncertainty and increasing institutional adoption of Bitcoin as a hedge against volatility.