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BitcoinSistemi 2025-01-06 21:18:07

Pompliano with $100 Million Fortune Talks About Bitcoin, Evaluates BTC’s Future

Bitcoin has passed a major milestone in its crypto journey by reaching $100,000 per coin. While the market debates the factors behind this success, Anthony Pompliano, founder and CEO of Professional Capital Management, made bold statements regarding the future of Bitcoin in a recent interview. Pompliano, a longtime Bitcoin advocate, argued that BTC has become the “new S&P 500” and serves as a benchmark for investors. “If you can’t beat Bitcoin, you should buy BTC,” Pompliano said, noting the growing trend of younger investors who see Bitcoin as a key benchmark for portfolio performance. Unlike traditional indices like the S&P 500, Bitcoin operates 24/7, providing unparalleled liquidity and sensitivity to global economic conditions. “The S&P 500 doesn’t operate 24/7, 365 days a year, BTC does,” Pompliano explained. He added that Bitcoin’s utility and liquidity make it an attractive asset in an era when younger generations are moving away from traditional benchmarks. Related News: Is the Rally in Bitcoin in the Last Hours Sustainable? Analysts Evaluated the Latest Situation When asked about Bitcoin’s potential performance under changing political leadership, Pompliano remained optimistic. “Bitcoin will do well no matter who the president is,” he said. While he acknowledged that policy decisions under President Trump, such as a potential national Bitcoin reserve, could affect short-term price action, he said Bitcoin’s long-term trajectory remains solid. He also addressed concerns about Bitcoin’s adoption. “If you want mass adoption, Wall Street and institutions have to get involved, which changes the dynamics of who holds Bitcoin and how it’s used,” he said, addressing a common argument among die-hard Bitcoiners over preserving the cryptocurrency’s decentralization. *This is not investment advice. Continue Reading: Pompliano with $100 Million Fortune Talks About Bitcoin, Evaluates BTC’s Future