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- The co-founder of Morgan Creek Digital, Anthony Pomplinao recently moved on Twitter to share his views about Bitcoin (BTC). Pomp said Bitcoin is a tool to transfer wealth from arrogant.
- Pomp believes that Bitcoin will continue to thrive as people will notice its remarkable growth in value over ten years.
- Moreover, the speculators are calling Bitcoin as the story of the next decade.
The co-founder of Morgan Creek Digital, Anthony Pomplinao recently moved on Twitter to share his views about Bitcoin (BTC). Pomp finds Bitcoin a tool to transfer wealth from arrogant.
Pomp over Twitter
Bitcoin is a tool to transfer wealth from those arrogant enough to bet against supply and demand economics to those who are humble enough to believe the simplest rule in finance.
— Pomp 🌪 (@APompliano) May 22, 2020
In his latest tweet, his words for bitcoin go like this; Bitcoin is a tool to transfer wealth from those arrogant enough to bet against supply and demand economics to those who are humble enough to believe the simplest rule in finance.
However, Pomp was praised by the popular entrepreneur Jeff Booth and many other users.
Additionally, one of the crypto enthusiasts, @MASTERBTCLTC has given the same statement pertaining to the recent performance of Litecoin.
Litecoin is a tool to transfer wealth from those arrogant enough to bet against supply and demand economics to those who are humble enough to believe the simplest rule in finance.
— master Ⓜ️🕸 (@MASTERBTCLTC) May 22, 2020
BTC will hit $100,000 by 2021
Further, Pomp believes that Bitcoin will continue to thrive as people will notice its remarkable growth in value over ten years. As per him, the price of BTC will hit $100,000 by next year. Thus, Pomp finds Bitcoin a tool for the transfer of wealth.
According to reports, JP Morgan Chase is now offering banking services to cryptocurrency exchanges like Gemini and Coinbase. Moreover, Pompliano finds it is a good signal for the crypto industry.
Looking at the current scenario, the global economy is not so good and will get worse due to the ongoing COVID-19 pandemic. Looming to the economic depression, some analysts think that the crypto economy will prove as safe-haven assets for those who are trying to get rid of financial stress.
Moreover, the speculators are calling Bitcoin as the story of the next decade. Some advocates predict that bitcoin could capture 3-5% of the global gold market.
Warren Buffett has $137 billion in cash.
That is almost enough to buy every Bitcoin in the circulating supply.
— Pomp 🌪 (@APompliano) May 2, 2020
In early May, the co-founder was in News in the crypto industry when he revealed on Twitter that Warren Buffet has sufficient money to buy all Bitcoins in supply.
