Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Everyone In The Crypto Industry Underestimates Bitcoin, Anthony Pompliano Says

Bitcoin has been gaining popularity in 2020, and 2021 is expected to be an even more booming year for the king coin.

Bitcoin was able to hit one new ATH after the other in 2021 before seeing a few healthy corrections.

At the moment of writing this article, BTC is trading in the red, and the coin is priced at $34,643.64.

The whole crypto space underestimates Bitcoin

It’s been just revealed that Morgan Creek Digital founder Anthony Pompliano believes that the entire crypto verse is underestimating Bitcoin’s potential to completely overhaul the global financial market.

Daily Hodl notes that during an episode of Real Vision with Raoul Pal, Pompliano reveals what he truly believes about Bitcoin.

Pomp compared the potential future mass adoption of Bitcoin to the natural digitization process of all assets and products.

He also made sure to point out the fact that the digital version of everything has always come out on top.

“I think Bitcoin is going to be the next global reserve currency, and I think that every single person that’s listening to this, every single person in the industry is completely underestimating this thing,” he said.

He continued and said that “I believe that Bitcoin is not only the hardest soundest money we’ve ever seen in the world, but I think it’s the absolute apex predator in financial markets.”

He also stated that “The reason why I think that is because there is one key trend that most people in finance don’t understand, and it is the superiority of digital assets or digital products over analog products and assets.”

Pomp also compared Bitcoin and gold. “If you make a single statement: ‘Gold is scarce,’ and I say ‘Prove it,’ you can’t. If I say to you ‘Bitcoin is scarce,’ and you say ‘Prove it,’ I can show you there are 21 million Bitcoin.,” he said.

Check out the original article by the Daily Hodl in order to find out what more he had to say and make sure to also watch the interview. 

Related posts
Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Crypto Carnage Will Have Small Impact On US Consumers

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Citadel CEO Ken Griffin Speaks At the Bloomberg Intelligence Market Structure Conference

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

G7 Leaders Address Regulation Of Cryptos

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Next Bitcoin Rally: Three Potential Triggers

Send this to a friend