Anthony Pompliano explains why the U.S. dollar-based system might fail and discloses his investment strategy for facing the upcoming economic crisis.
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0:44How has your investment portfolio changed after the latest market crash?
2:04 Why do you believe in Bitcoin over alternative crypto currencies?
2:47Why do you think the bitcoin halving being priced in is a dumb argument?
4:40 What is your short term price prediction around the bitcoin halving?
4:55 At what price of Bitcoin will you retire?
5:35 Is the Fed rescue plan for the U.S. economy the end of the "fiat experiment"?
6:54 Can Bitcoin fail?
7:28 Is Bitcoin a non-correlated asset?
9:10 Why would people turn to Bitcoin instead of gold as a safe haven?
10:52 Bitcoin or a gold-pegged digital currency: which is best?
12:36 When are you going on Joe Rogan’s show?
12:58 Are limitations to individual freedoms necessary in times of emergency?
15:19 What is the best investment strategy to prepare for the upcoming recession?
once bitcoin will work to good they gona ban it, and it gona be even more easy when they first ban cash
first question is so stupid. XRP.. hahahaha centralized shit coin.
Get a fern and a cymbidium Pomp…Cheese and Crackers man!
did you see the size of that fucking bat man?
Hopefully some of these mayors get tossed in jail.
10:45 "Gold has high transaction speed???" Except you have to get there you wan't to exchange. That's really sloooow. Not to mention borders and such. Gold is great, but transaction speed (assuming you actually own it) is terrible.
The simplicity of this argument is so tired lol bitcoin needs help on the tech
""Gold backed crypto" eliminates most of the trust minimization properties that come from holding directly either gold or crypto. It disempowers users from validating either." – Nick Szabo.
Do some more research Gio. Gold backed crypto still relies on trusted custodian of the gold reserves. Not your keys, etc etc…
Pop The Best ????
How can anyone say the halving is priced in when the supply shock hasn’t even kicked in? Simple supply and demand
Bitcoin: like tulips, an experiment in the Greater Fool Theory. Talk about a fiat currency! With an ecological disaster thrown in for good measure…
I enjoyed if but it seemed you didn't have the artillery to challenge him
question…if people think BTC will reach 100,000 have any of you imagined what a transaction fee will be if BTC is worth that much? 300 Dollar transactions?? Can someone answer this Q?
"The argument of the Bitcoin halving is priced in is dumb." LOL. Beast Mode ON!
????????
Real Estate is limited, and people will continue to need a place to live. Bitcoin is the hardest of all assets I've seen in my lifetime.
Fiat fails because the Cesars would coin clip. That is upon getting the power you issued new coins with your likeness on it. Taking advantage of the opportunity to take some of the silver out, and profiting from the transaction too. I think it took the Roman Empire 300 years to remove 98% of the silver. Our Federal Reserve drained off the same value out of The Greenback since 1913. Printing money, being the Worlds Reserve Currency allowed America to fund endless wars, and promise over 100 trillion of unfunded liabilities. Who knows if it was 200 trillion how would you know? All fiat returns to the value of the paper it's printed on, zero. Very single fiat currency. Looking at the USA Debt Clock. or the World Debt clock do you see an exception to this rule? Looking at demographics, aging population, and debts, see one shining through? I certainly don't. Bill Still's The Money Master was interesting. Since every country is participating in the Ponzi, who knows how long Central Banks can paper this Ponzi?
I choose BTC because its really the only decentralized and the limited one and the main reason of it protecting your wealth so I wouldn't invest something shinier but connected a company and can have unlimited supply.
I bought more too lol.
BTC real price= $3K
ETH is a sect coin with blind followers around a nonchalant guru financed by secret millionaires and billionaires whom have a hand in every crypto out there ????pump & dumping on everyone.
ETC has the same fondamentales than Bitcoin.
Really good interview. He got a lot of non-mainstream valid views.
what a joke.
IF and WHEN Bitcoin reaches the levels people want it to, you will have to part of the grid, either by a chip, etc. in order to use it. That is my feeling.
BTC and SILVER in hand.
Gray shirt instead of black. Laundry day. Pomp!
I gain a greater appreciation for Pomp every time I hear him speak. Excellent interview. Keep up the great work.
facts facts facts facts – you go Pomp
Confusing Value with "Price" as usual.
This market is going to wreck a lot of people. I think Pomp gave really great advice on how to keep yourself out of trouble.
Greatest of greatest anthony pompliano…
A great answer regarding XRP. And I personally wish Ripple goes bankrupt.
Complete lack of respect from pompliano on coin Telegraph, his words and choice of language was suited best for night-time show. It's clearly obvious to me that he shows very little respect for coin Telegraph as a reputable news outlet
Pomp is great !
I cannot imagine BTC being adopted by any central bank or government, ie BTC will never become the official currency of any country on earth.
If people start using alternative forms of payment, the taxation office will crackdown on it.
Pomp's the best!
the us dollar is not money its just a piece of paper with ink on it to be blunt it actually dont have any value its the people that give it its value but technically its literally a piece of paper with ink on it i think bitcoin is better then the piece of paper with ink on it the bitcoin does protect your assets i can apply for government assistance while still holding on to my bitcoin i can donate coins to people and still get my welfare check a lot of people dont know or understand what bitcoin is or how it works or how to convert it bitcoin is digital currency that can be converted or printed into real cash or converted into gold if your smart like me people need to be smart about things we as people breath out co2 and the trees release oxygen now imagine if there were no more trees because everyone is cutting them down to make the worlds dollar then we as a people will be breathing in carbon dioxide and we all would be dead so thats why i choose bitcoin to save the trees and think smarter i can donate to anyone who understand how it works and they can repeat the process i use bitcoin to pay my government for the welfare i get and literally cut out the middle man i save my babies daddy from being charged with child support and pay the government what cash on welfare i get from them i play lots of games to increase my bitcoin revenue i can play for days for years and watch it rack up digital currency is best a lot of people think its the end of the world because the dollar is going to be gone when digital currency is the same as the piece of paper with ink on it except its on you phone or device or tablet etc and can pay for things the same way as those who use the piece of paper with ink on it people think bitcoins is fake play money because they dont know how it works or understand it
Bitcoin baby
Real bull only buys more and continue to buy more bitcoin. Xrp is a centralized piece of shit even fiat is better that’s why.
Anthony Pompliano is a smart guy
Pomp is a con man.
The Covid-19 outbreak has sure provided grounds for quantifying core strength of nations, society and even individuals.let's not procrastinate any further rather act swiftly. Worse conditions than covid-19 may possibly arise in the future. I recommend Kelvin brave, my bitcoin wallet is securely managed. Wish you all the best
Our bitcoin warrior
Xrp founders about to dump their bags on xrp holders again ?
great interview Pomp!
Nothing wrong with your view but post your portfolio returns. You are a permabull with no targets that changes the narrative. If it's such a great asset then there is no need to hype or promote it. The market will drive the price up due to excess demand. Your are the 2.7% that own 95.0% of BTC with a bunch of broke dreamers commenting that own 0.01 BTC in their wallets. I think your are a good guy but how about some truth?
Did Giovanni finally buy his first bitcoin?
Publish an article about DYNMT pls.