Anthony Pompliano
π€ SpeakerAppearances Over Time
Podcast Appearances
I don't know what we're going to do.
Frankly, it's way above my pay grade.
But what I do know is that investors are trying to figure it out right now.
And they seem to be flocking to Bitcoin because it is a digital decentralized non-sovereign asset that isn't tied to any one country.
That obviously is really invaluable.
Now, I went on CNBC recently and I talked about this.
And so take a listen to how I described it to Andrew Ross Sorkin.
Bitcoin's been the shining light over the Iran conflict.
I mean, stocks are down.
You see bonds going down.
You see gold going down.
Bitcoin has been flat to slightly up.
And I don't know if you can take a victory lap in the sense of over the last year, it's been the opposite.
Bitcoin's been down and those assets have been up.
But I do think that people are saying to themselves, well, I thought that Bitcoin was supposed to just be
kind of beta to the rest of these risk assets.
And so if everything else is selling off, why is Bitcoin not selling off?
And so I do think that there's a little bit of light at the end of the tunnel for Bitcoin investors who have been taking a couple of beatings.
I think that volatility has significantly compressed in Bitcoin.
It was, you know, an 80, 90 vol asset.