Anthony Pompliano: "Bitcoin will be on the US balance sheet for the next 10-15 years"
Date: 2024-08-02 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
In a recent interview, Anthony Pompliano, a well-known investor and businessman, said that about 50% of his investment portfolio is made up of digital currencies, with Bitcoin occupying a dominant position. Pompliano emphasized that he views Bitcoin not only as a long-term investment for a period of 30 years or more, but also as the basis for the well-being of future generations of his family. He is confident that Bitcoin will become an important asset to ensure the financial stability of his descendants.
Bitcoin and Political Prospects
Pompliano noted that against the backdrop of the upcoming US presidential election and the growth of the national debt, a consensus is forming in US political circles about the importance of Bitcoin. Senators and congressmen are beginning to understand the role of Bitcoin in the well-being of future generations and are expressing a desire to see Bitcoin on the balance sheet of the state.
“Over the next 10 to 15 years, the United States will certainly have some Bitcoin on its balance sheet or in some kind of strategic reserve,” Pompliano said. He pointed to current data showing that the US government continues to hold about 210,000 BTC, despite previous strategies to sell the cryptocurrency to cover financial needs.
Changing Priorities
According to Pompliano, we are witnessing a change in priorities and mentality regarding the regulation of the digital asset market. This change concerns not only financial circles, but also the political establishment as a whole. More and more government officials see Bitcoin not only as an investment asset, but also as a strategic reserve that can ensure financial stability in the future.
This change in mentality is also reflected in legislative initiatives. Wyoming Republican Senator Cynthia Lummis has introduced a bill that would require the US Federal Reserve to hold some Bitcoin as a strategic reserve asset, similar to gold reserves. The move could set an important precedent for the recognition of cryptocurrency at the state level. Anthony Pompliano is confident that Bitcoin will play an increasingly important role in the US economy. In the next 10-15 years, he expects Bitcoin to become part of the government balance sheet, which will allow the country to strengthen its financial stability and ensure economic prosperity in the long term. Legislative initiatives and growing support for cryptocurrencies among politicians indicate that Bitcoin can become an important strategic resource for the United States.
