Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the

• John Deaton argues that buying Bitcoin at $106K today feels safer than it did at $25K, mainly because of shifts in the macro landscape.
• He sees Bitcoin’s growing reputation as a hedge and its steady adoption as signs that the long-term risk has dropped.

Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the global economy, serious interest from big institutions, and tighter, more defined crypto regulations as reasons why Bitcoin feels like a safer long-term bet—even at a steeper price.

Deaton, a familiar face in crypto law, revealed that 82% of his net worth is in Bitcoin, most of it picked up below $25K. Still, he thinks buying now at $106K makes more sense, backed by stronger fundamentals and the growing global demand for Bitcoin as a hedge.

A Higher Price Doesn’t Always Mean Higher Risk

Deaton lays out his thinking in three parts: shaky global markets, major institutions loading up on BTC, and a regulatory landscape that’s finally starting to take shape.  With inflation sticking around, debt piling up, and fresh trade tensions (like possible U.S. tariffs) making headlines again, trust in fiat is slipping. Deaton sees Bitcoin’s fixed supply and decentralized setup as a solid way to protect against that. To him, it’s basically the digital version of gold in today’s world.

Deaton points to the growing momentum from both companies and governments. MicroStrategy—now rebranded as Strategy—is still stacking Bitcoin like clockwork, and just last week (when BTC ranged from $100K to $106K), 16 more firms reportedly added BTC to their balance sheets. On the government side, countries like Pakistan, Ukraine, and Ireland are said to be looking at Bitcoin as part of their financial playbook. Deaton believes this kind of adoption is dialing down the hype-driven swings and giving Bitcoin more long-term strength.

Regulation Moving in the Right Direction

Rules around crypto are finally starting to make more sense. Deaton points to stuff like the GENIUS Act and Trump’s “Big Beautiful Bill” as proof that U.S. politics is warming up to space. For him, that shift cuts down the legal uncertainty around holding Bitcoin and opens the door for more people and institutions to get in comfortably.

Deaton pushes back on the idea that buying low is always safer. Sure, Bitcoin at $25K had big upside—but it also came with major regulatory uncertainty and barely any institutional backing. At $106K, he argues, things are different: the fundamentals are stronger, the legal side’s way clearer, and adoption’s on a whole new level. He’s not telling people maxed out on leverage to jump in—but showing how much Bitcoin has grown into a legit financial asset.

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