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Pomp Predicts that Central Bank will Buy Bitcoin

Sofia Cabrera

Summary: Anthony Pompliano (aka Pomp), co-found and partner at Morgan Creek and crypto bull, predicts that central banks will be buying Bitcoin to hedge their risk to the U.S. dollar. In a tweet from August 1, 2019, Pompliano states that "Central banks bought more than $15 billion of gold in the first 6 months of the year...They are trying ...

Anthony Pompliano (aka Pomp), co-found and partner at Morgan Creek and crypto bull, predicts that central banks will be buying Bitcoin to hedge their risk to the U.S. dollar. In a tweet from August 1, 2019, Pompliano states that "Central banks bought more than $15 billion of gold in the first 6 months of the year...They are trying to hedge their risk to the US dollar...Wait till they find out about the non-correlated, asymmetric upside profile of Bitcoin...Every central bank will be buying Bitcoin ?"

Author: Sofia Cabrera

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