Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
If this was just another TradFi asset,
no banks would be interested in because it doesn't make them any money.
It's like in the exchange game, if all your exchange is is HFT1 trading against HFT2, they don't want that.
They want that organic retail flow to make money off of.
If Bitcoin has no retail bent, Bitcoin is worthless.
And I think that's what people don't understand, which is why I say, fuck all these bills.
Who cares?
Just DK every single one of them.
I hope Trump vetoes every single one of them.
We don't need it.
We didn't need it in 2009.
We didn't need it in 2018.
We certainly don't need it in 2026.
What about the stablecoin yield?
I mean, I hope that stable coins are allowed to offer yield and compete with the banks.
But I think people are really getting a crash course in politics.
And I've been saying this since day one.
Stable coins are an extinction event for banks.
Why?
Because if I'm JP Morgan and I pay you 10 basis points on your deposit when the Fed pays you 3.5% or whatever the T-bill yield is, because I'm JP Morgan and I'm the biggest bank in America and politically connected and what have you and government guaranteed,