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cover of episode #1437 Anthony Pompliano & Phil Rosen | Are Countries Buying Bitcoin?!

#1437 Anthony Pompliano & Phil Rosen | Are Countries Buying Bitcoin?!

2024/11/13
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The Pomp Podcast

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The discussion explores the reasons behind Bitcoin's surge post-election, including expectations of pro-crypto policies under Trump, the impact of national debt, and the reflexive nature of Bitcoin's price.
  • Bitcoin's price surge is partly due to expectations of pro-crypto policies under Trump.
  • The national debt and inflationary concerns are driving investors towards Bitcoin as a hedge.
  • Bitcoin's price behavior is reflexive, with higher prices attracting more capital and further driving up prices.

Shownotes Transcript

Phil Rosen, the Co-Founder of Opening Bell Daily, and Anthony Pompliano, Author of ‘How To Live An Extraordinary Life’ and CEO of Professional Capital Management, discuss bitcoin, all-time highs, why Wall Street is coming into the market, stocks with exposure to bitcoin, United States putting bitcoin on balance sheet, other countries interest in bitcoin, and what will happen with the ETFs. 

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