The article explores the past and potential future of Bitcoin (BTC) in light of the recent signing of an executive order by US President Donald Trump to create a sovereign wealth fund. It discusses Bitcoin's price trajectory over the years, from its humble beginnings to its historic high of $110,000. The article mentions key events that influenced Bitcoin's price, such as the rise of altcoins and decentralized finance, as well as the entry of institutional investors into the market. It speculates on the impact of national treasuries investing in Bitcoin and suggests that if recognized for its resilience, Bitcoin could evolve into a robust application platform similar to Ethereum. The author argues that Bitcoin's high fees are justified by its unparalleled security and envisions its potential use in mission-critical public and private systems. The article concludes by stating that those who hold the power to shape Bitcoin's future may exit the market before its speculative value declines.



Other News from Today