The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
Bitcoin at called 100K, if you're 18 years old, you're like, what's going to do?
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
And so I think that those people who are looking for significant gain that are 18 years old or like maybe Bitcoin isn't the like super asymmetric, you know, 10,000% upside type asset.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
Maybe I can do it by vibe coding some app or I can do it by buying Nvidia or whatever.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
And again, I'm not saying they're right or wrong, but I do think that that's part of this of like, it is very peculiar to me that I don't see a lot of 18 year old Bitcoiners.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
They're out there, but not nearly like the 30 to 40 year old cohort.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
If you go down the street and you talk to 10 guys between the ages of 30 and 40, I don't know.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
four or five of them probably into bitcoin right or like at least they're like sympathetic to it right 18 year olds maybe one two that's a pretty big drop off
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
You know what I always tell people who tell me that personal economic gain has nothing to do with their interest in Bitcoin?
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
People are like, oh, I'm here for all this stuff.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
I say, by the way, most of the people I know in Bitcoin actually really believe the potential positive impacts of Bitcoin on the world.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
They believe, just like I do, that it really can protect purchasing power.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
And if people save in Bitcoin, it's much better than dollars.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
They believe all that stuff.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
Maybe the sides that come with the main course is like they're going to make money as well economically.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
I don't think that people should hide that.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
It's part of the story, right?
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
It's actually one of the main marketing messages that have gotten people into Bitcoin over the years.
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
But when people tell me, no, it has no impact whatsoever, I say, well, why are you hoarding all that Bitcoin?
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
Why don't you use it to further Bitcoin?
The Pomp Podcast
Did Jerome Powell Lie to Congress? The Fed’s Palace, Politics & Rate Cuts | Anthony & John Pompliano
Why don't you spend it?