Anthony Pompliano: “In the future, the entire Central Bank of the World will hedge the risks of the dollar using bitcoins”

Anthony Pompliano, co-founder of asset management at Morgan Creek Digital, said that in the future all central banks in the world will buy bitcoins to hedge the risks of the US dollar.

According to The Financial Times, in a global trade conflict, global central banks diversified their reserves and spent $ 15.7 billion to buy gold in the first half of this year. Thus, during this period, central banks provided almost one sixth of the demand for this precious metal.

At the same time, according to the forecast of the World Gold Council, central banks will continue to buy gold, if the growth of geopolitical uncertainty grows. However, Anthony Pompliano invited banks to turn their attention to digital assets.

“As soon as banks pay attention to the uncorrelated, asymmetrically upward trend of Bitcoin, everyone will want to have this asset in their portfolio,” he said.

Earlier, communicating with a well-known gold investor and ardent opponent of cryptocurrency Peter Schiff, Pompliano said that both bitcoin and other cryptocurrencies and traditional financial assets can be held in the investment portfolio at the same time.

Last month, Pompliano expressed the view that the European Central Bank’s policy could be bitcoin “rocket fuel”.

“The ECB is going to lower interest rates and start printing money at the same time that the cryptocurrency industry will be halving the reward for bitcoin mining. Fasten your seat belts — it will be crazy, ”he wrote then.

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