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Tom Lee: Some VCs Regret Missing Bitcoin's ~80x Gain Over the Past Decade

Source: news.bitcoin.com
Fundstrat strategist Tom Lee said at TOKEN2049 that some venture capital investors he recently met with in Taiwan noted their startup investments have delivered decent returns but still fall short of the potential returns from simply buying and holding Bitcoin.A decade ago, Bitcoin was priced below $1,000; it now sits at around $80,000, representing roughly an 80x increase over ten years. Tom Lee said that some VC investors he met when he began researching Bitcoin a decade ago now regret not having bought Bitcoin directly.He stated that this cycle should maximize allocation to Bitcoin, Ethereum, and Solana, and believes Layer 1 blockchains will capture a larger share of value. (Bitcoin.com News)

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