CRYPTO
Bitcoin's Wild Week: Investments, Debates, and Political Ties
CanadaSun Nov 16 2025
Bitcoin had quite the week, with big money moving in, experts clashing, and politics mixing with crypto.
First, let's talk money. Strive, Inc. , a company all about Bitcoin, just got a huge $37 million boost from a Canadian pension fund. That's a lot of cash! Now, the fund owns a big chunk of Strive's shares. This shows that even big, serious investors are starting to take Bitcoin seriously.
But not everyone's on board. Peter Schiff, a well-known economist, stirred up some drama. He asked Bitcoin fans how low the price must go before they admit he was right about its instability. Most people said "0, " meaning they won't give up on Bitcoin no matter what. That's some serious loyalty!
Tim Draper, another big name in finance, thinks Bitcoin could one day replace banks and governments. He believes there's a strong pull towards Bitcoin, with lots of smart people building on its technology. That's a pretty bold prediction!
Now, let's talk politics. Bitcoin's future might hinge on who's in the White House. In 2025, most U. S. crypto investors supported Trump's digital asset policies. And Eric Trump, the former president's son, defended Bitcoin, saying it's been the best-performing asset in the past decade. That's an 180% gain in just two years! Not bad, right?
But Bitcoin isn't all sunshine and rainbows. It's still volatile, and not everyone believes in its long-term success. The debate continues, and only time will tell who's right.
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questions
What if Bitcoin becomes so valuable that even Tim Draper can't afford to buy a cup of coffee with it?
Will President Trump's pro-crypto policies make Bitcoin the official currency of Mar-a-Lago?
What evidence supports or contradicts Tim Draper's predictions about the Bitcoin network's potential to replace traditional banking systems?
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