Anthony Pompliano Says Bitcoin Is Apex Predator of Financial Markets, Federal Re

[Fawpac2]

Morgan Creek Digital founder Anthony Pompliano says Bitcoin is the apex predator of the financial markets as he notes that investors are racing into it as a safe-haven asset.
In an interview with CNBC, Pompliano says that for companies managing big treasuries, Bitcoin is the best possible asset for generating sizable growth.
“Listen, Bitcoin is the apex predator of financial markets. You’ve got digital sound money that’s grown at a compound annual growth rate of 200% for a decade. And if you’re sitting there and you manage a treasury, you’ve got cash on your balance sheet, you tell me where else you’re going to put it where you can get that type of growth. 200% compound annual growth rate for a decade, there’s nowhere else they can put it. We’re printing an unprecedented amount of money, and so they’re looking for a safe haven, and Bitcoin is that apex predator that everyone is concluding is the answer.” Source link

[TomPluz]

Yes, in terms of growth record, nothing can ever beat the one set by Bitcoin and this can be the reason why institutional investors are now scrambling to include Bitcoin in their investment portfolio. And the bull run we have right now can push Bitcoin to new and higher levels not before seen by the industry. The emerging and growing demand for this digital asset coupled by its limited supply in the market are the things that pushed the price to many ATHs. Definitely, 2021 is going to be a very historical year for Bitcoin and the whole cryptocurrency market.