US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers. Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano.Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up on a warning from investor Peter Thiel that China could use Bitcoin to destabilize USD hegemony.Thiel cautions over Bitcoin threat"I do wonder at this point whether Bitcoin is to be thought of in part as a Chinese financial weapon against the U.S.; it....
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Co-founder at Morgan Creek Digital Anthony "Pomp" Pompliano has some thoughts on where the Bitcoin market is heading in the coming year. In an exclusive interview with Cointelegraph, Pomp reaffirmed the Bitcoin price prediction he made back in 2019. “It’s going to be pretty aggressive. I am pretty confident in Bitcoin to $100K by the end of 2021."Together with favorable macroeconomic conditions, Pompliano sees the after-halving effect as one of the main catalysts that could drive Bitcoin toward that potential target. Pomp believes that Bitcoin’s diminishing supply coupled with increased....