Anthony Pompliano
👤 PersonAppearances Over Time
Podcast Appearances
And so he's like, again, who knows what will happen, but that's kind of a bullish sign.
And then you've got somebody like Orion Dietrich from Carson Group who points out that Monday, Tuesday, Wednesday this year have been fantastic performance.
thursday friday has actually all year long been negative and thursday being the biggest drawdown day of the week when you look at those factors of what i would consider less like single name assets and more kind of structural or trend based stuff do we rally into the end of the year do we go sideways are you worried we go lower like how do you start to think about okay we got six weeks or so left into the end of the year here are you bullish bearish or kind of agnostic
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Now, one thing that I think is very fascinating, and maybe I can share with you a framework that I've started to come around to, and it's a combination of talking to lots of different people, but Bitcoin was kind of the sledgehammer to what I would consider boring innovation.
So most of the innovation we talked about pre kind of Bitcoin hitting the main stage was, okay, the iPhone came out, it was very innovative, it was disruptive, but it wasn't
a true external technology sledgehammer, right?
It was more kind of an evolution.
Okay, we have a computer, we have an iPod, we're gonna just make it a little bit smaller, we're gonna add some features to it.
There's definitely some sort of innovation that happens here, but we're taking kind of steps closer and closer to it gets smaller, goes in your pocket, you know, et cetera.
Bitcoin was really a thing that was like this external shock to the system, right?
It took ideas from the legacy system, but it was this external thing.