The Bitcoin price rise Anthony Pompliano, a market expert, says that the pace of growth will not slow down. According to the well-known professional capital management founder and investor, Bitcoin still has some way to go. Pompliano, in a video posted on X recently, revealed that Bitcoin will continue to rise. continue to grow As long as central banks and governments continue to create more money.
Anthony Pompliano links Bitcoin price’s endless rise to global money printing
During an interview Pompliano, speaking to CNBC said that Bitcoin’s rally was far from being over. Pompliano said when there is more money in the system that the paper currencies lose value and the people are looking for better ways to safeguard their savings. It’s time to get the best approach for investors To save Bitcoin, you must work hard and earn money. Only spend what’s necessary.
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Pompliano remarked that could drive the growth Bitcoin prices. According to the market expert, Bitcoin could quickly become the preferred choice for people looking to protect their savings from inflation, serving as a simple ‘savings technology’ that preserves the value of their hard work.
Pompliano said that his idea wasn’t about getting rich quickly but understanding the value of money when banks issue more money. Bitcoin’s fixed supply continues to grow as people continue to use Bitcoin for investing and saving. Bitcoin prices could rise due to the scarcity created by Bitcoin’s limited supply and growing demand. Pompliano believes the pattern This product will last many years.
Bitcoin Is the New Standard in Modern Finance
Pompliano described Bitcoin as a new technology. “hurdle rate” Modern finance. In simple terms, he said investors now compare all other assets to Bitcoin to judge whether they’re truly profitable. When a traditional asset cannot outperform Bitcoin, This is not a significant investment. He compared Bitcoin’s growth to the S&P 500, noting that while the S&P has doubled since 2020, it has dropped nearly 90% when measured against Bitcoin.
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Pompliano stated that there are many traditional financial assets, When measured in fiat money, stocks and bonds are profitable. Bitcoin offers better returns than other currencies. Investors are therefore left with only two options, according to him: either they buy Bitcoin, or else risk losing out on higher returns.
Pompliano made his comments after Bitcoin’s price dropped reached a new all-time high After a dip to $124,714, the market expert believes that even with a slight drop, it is still advisable to invest in real estate. The market expert is confident that even with a slight drop, the rally is not close to ending. As he put it, this is not just a rally — it’s the start of a long-term shift in how the world sees money and value.
Featured image was created using Dall.E chart, from Tradingview.com
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Source: www.newsbtc.com
