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The benefits of holding a scarce asset have never been more apparent. All over the world, central banks have been printing money at an unprecedented rate to attempt to stimulate faltering economies.
With the outbreak of coronavirus and subsequent lockdowns in March, the majority of markets crashed. Bitcoin was no different, hitting local lows of ~$4,000. Since then Bitcoin has rallied and is currently sitting at ~$11,000.
The price action and current economic conditions have led many to believe we are at the beginning of a bull market like the one we saw in 2016/2017.
In this interview, I talk to Anthony Pompliano, founder and partner at Morgan Creek Capital and the host of the Pomp podcast. We discuss his recent interview with Roger Ver, the economic impact of the coronavirus & the Bitcoin bull market.
Published at Mon, 24 Aug 2020 23:10:00 +0000