Anthony Pompliano

It doesn't matter.

At the end of the day, thankfully, my cost basis is very low and I've made money in other ways.

But...

The question is, do you want to deploy more fiat?

Or do you want to sell some Bitcoin and buy some other altcoin asset that can go up faster?

In the altcoin basket, obviously, I've been banging the drum on Zcash and Hyperliquid.

So on a relative stance, those are the two shitcoins that I'm the most bullish on.

But if you ask me, would you take a unit of fiat today and put it into Bitcoin?

I would say no, because I still believe that we're waiting for that big print event.

When does the Fed and other central banks realize that if they're going to say AI is this transformational force, well, that means the banking system necessarily has to go bankrupt because these workers can't service these debts.

And so you can't have it both ways.

Right now, the Fed says, oh, AI is this productivity miracle.

It's going to elevate productivity.

It's going to make the economy so much more productive.

Well, today, all it's meant is a bunch of people who made a lot of money have gotten fired.

Yes, the company has gotten more productive.

But those people, especially in an economy like the United States, which is 70% consumer spending,

they have material impact on the ability for lots of companies to earn revenue and the banking system to make good on these assets that they hold on their balance sheet.

So I think right now, the central bank thinks the inflationary impact of the war, we can look through that.

So that doesn't mean we necessarily need to raise rates.