Bitcoin Could Reach Millions as Global Competition Intensifies – Anthony Pompliano

Anthony Pompliano, CEO of Professional Capital Management, recently discussed Bitcoin's growing prominence on Varney & Co., emphasizing that both investors and governments may be underestimating the scale of its accumulation.

He highlighted how the global competition to acquire Bitcoin is intensifying, likening it to past geopolitical rivalries.

Pompliano pointed out that Bitcoin is widely recognized as a commodity rather than a security, but lingering regulatory uncertainties—especially around taxation and corporate involvement—continue to create hurdles. He also suggested that U.S. policymakers may be quietly positioning the country to establish a strategic Bitcoin reserve, a move he believes could be far more aggressive than many anticipate.

Referencing nations such as Russia, Abu Dhabi, El Salvador, and Bhutan, Pompliano noted that several governments are actively acquiring Bitcoin, fueling a race for dominance in the digital asset space. He compared this competition to the space race of the 20th century, suggesting that securing Bitcoin could be a major strategic priority for the U.S. administration.

When asked about Bitcoin’s future price potential, Pompliano refrained from providing a precise timeline but drew parallels to gold’s long-term growth. He suggested that Bitcoin, with its fixed supply and monetary principles, could eventually surpass gold’s $20 trillion market value, predicting that its worth could reach millions per coin within the next several years or decades.

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