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cover of episode #1441 Anthony Pompliano | Bitcoin Is About To Hit $100,000!

#1441 Anthony Pompliano | Bitcoin Is About To Hit $100,000!

2024/11/21
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The Pomp Podcast

Chapters

Bitcoin's impending milestone of $100,000 is significant due to its round number appeal, historical trends, and the concept of reflexivity, which accelerates its price growth.
  • Bitcoin's price increase makes it less risky for large capital pools to allocate.
  • Reflexivity means as the price goes higher, more capital pours in, pushing the price even higher.
  • Bitcoin's finite supply with increasing demand forces its price to rise.

Shownotes Transcript

Bitcoin is about to cross $100,000 and Anthony Pompliano explains why it will change the world. Topics include historical trends, reflexivity, why higher price means less risk, why companies are buying, use case, and where bitcoin is headed.

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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