So, Anthony Pompliano, or as I like to call him, “Pomp,” pops up on CNBC’s Squawk Box to chat about Bitcoin. You know, that digital currency that everyone and their grandmother is suddenly an expert on? Yeah, that one. He’s got some thoughts on Bitcoin, altcoins, and stablecoins. Spoiler alert: he thinks the US government is going to start buying Bitcoin. Because, why not? 🤷♂️
Now, when Joe Kernen, the host, asked Pomp about Bitcoin and Ethereum getting all this attention, Pomp confidently declared that Bitcoin is the king of the market. I mean, who needs a crown when you have a digital coin, right? 👑 He says Wall Street is all about Bitcoin, not Ethereum or those other wannabe altcoins. Sure, Ethereum and Solana are getting some love, but they haven’t hit new highs like Bitcoin. It’s like being the best player on a losing team. You’re still the best, but it’s not saying much.
“I think that $BTC has established itself as the king of the market – I don’t think that’s going to change any time soon,” says @APompliano:
— Squawk Box (@SquawkCNBC) July 28, 2025
Then, when asked about stablecoins, Pomp said they can’t go beyond $1. Wow, groundbreaking stuff! They can grow in market cap, but let’s be real, they’re not exactly the life of the party like Bitcoin. It’s like saying, “Hey, I have a dollar!” Great, but can you buy me a coffee with that? ☕️
US Government to Start Acquiring Bitcoin? You Bet! 💰
So, Pomp thinks the US government is going to announce they’re buying Bitcoin for some Strategic Bitcoin Reserve. Sounds fancy, right? He calls it “the main dish.” I mean, if the government is buying Bitcoin, what’s next? Are they going to start trading Pokémon cards too? 🎴
JUST IN: $1 BILLION PROCAP CEO TELLS CNBC AMERICA WILL “ANNOUNCE THAT IT’S BUYING #BITCOIN” AND THAT WALL STREET WILL “CAPITULATE”
“IT WILL HAPPEN.” MATTER OF TIME 🚀
— The Bitcoin Historian (@pete_rizzo_) July 28, 2025
And let’s not forget the Wall Street companies that have been sitting on the fence about buying Bitcoin. Pomp thinks they’ll finally jump in. It’s like watching your friend hesitate to jump into the pool. Just do it already! And those “cautiously optimistic” folks? They’ll go from “meh” to “let’s go!” in no time. It’s a wild ride, folks! 🎢
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2025-07-28 17:31