Bitcoin advocate Pompliano: BTC will become more valuable than gold

Bitcoin advocate Pompliano: BTC will become more valuable than gold

Crypto advocate Anthony Pompliano recently expressed his views on investing in Bitcoin. He believes that Bitcoin will have a higher value than gold in the future. Pompliano emphasizes that concerns about the development of the cryptocurrency are unfounded.

As the founder of Pomp Investments, Pompliano expressed optimism about the future of Bitcoin in an interview with CNBC. He noted that Bitcoin's performance has been stronger than any other asset in the four years since the last halving. Pompliano emphasized that Bitcoin and gold cannot be recreated at will due to their monetary policy design. While gold is considered the best hedge against downturns, Bitcoin will increase in value in the long term and outperform gold in the future due to its digital nature and relative purchasing power.

Pompliano predicts that Bitcoin will once again outperform all other financial products over the next four years, despite possible short-term downturns due to the Bitcoin halving. He recommends viewing Bitcoin as a technology for savings and himself relies on cost averaging as an investment strategy for Bitcoin, with his portfolio consisting of over 50 percent Bitcoin.

The crypto market, especially Bitcoin, could take on a leading role in the future due to new directions due to the Bitcoin halving. The possibility that Bitcoin will increase in value and ultimately become more valuable than gold reflects Pompliano's optimistic view of the cryptocurrency's future.