<ul><li>Cryptocurrency attorney John Deaton advocates for investing in Bitcoin at its current price of $106,000, citing a more favorable risk-reward ratio and macroeconomic concerns.</li><li>Deaton has allocated 80% of his net worth to Bitcoin at an average price below $25,000, emphasizing the potential for further gains despite the current price.</li><li>He highlights growing institutional interest in Bitcoin, with companies like MicroStrategy holding large amounts of BTC and governments considering creating strategic Bitcoin reserves.</li><li>While Deaton's bullish stance on Bitcoin faces skepticism from critics like economist Peter Schiff, he maintains that Bitcoin serves as a valuable hedge amid economic uncertainties but cautions against investing money that cannot be afford to lose.</li></ul>

$106K Bitcoin A ‘Safer’ Buy Than $25K—XRP Lawyer Drops Bombshell

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