Anthony Pompliano, a well-known Bitcoin advocate, sees Bitcoin as a “supercharged” version of gold.
In a recent interview, the Pomp Investments founder pointed out that the weakening of the U.S. dollar favors both gold and Bitcoin, but he believes Bitcoin is likely to outperform due to rising interest and adoption. Comparing growth rates, he highlighted that Bitcoin’s gains have far outpaced gold and the S&P 500 over the last five years.
According to Pompliano, Bitcoin’s growth is unique because adoption began with individuals, spreading later to corporations and institutions like BlackRock and Fidelity.
He anticipates central banks might eventually join this trend, similar to their current 12% share in global gold reserves—a move he believes would boost Bitcoin’s price even further.
Pompliano also predicts people will increasingly rely on Bitcoin and stablecoins for wealth storage. He likened stablecoins to checking accounts and Bitcoin to a digital savings account, noting that most Bitcoin holders don’t move their funds, showing long-term confidence.
He added that on-chain data reveals over half of all Bitcoin hasn’t been moved in two years, even as its value tripled.
Bitcoin’s network hashrate has fallen 3.5% since mid-June, marking the sharpest decline in computing power since July 2024.
Bitcoin has officially overtaken Alphabet (Google’s parent company) in global asset rankings, becoming the sixth most valuable asset in the world, according to the latest real-time market data.
Philippe Laffont, the billionaire behind Coatue Management, is beginning to question his stance on Bitcoin.
Personal finance author Robert Kiyosaki is urging investors to rethink their approach to money as digital assets reshape the economic landscape.