The price rise of Bitcoin won’t slow down, according to market expert Anthony Pompliano. The well-known investor and founder of Professional Capital Management believes that the top cryptocurrency still has a long way to go. In a recent video post on X, Pompliano revealed that Bitcoin’s value will too keep growing as long as governments and central banks continue to print more money.
Anthony Pompliano links the endless rise of the Bitcoin price to global money printing
During a job interview Speaking to CNBC, Pompliano said Bitcoin’s rally is far from over. According to him, the value of paper currency decreases as more money enters the system, and people look for more effective ways to protect their savings. Now the best approach for investors is working hard, making money, spending only what you need and keeping the rest in Bitcoin.
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As Pompliano noted, this is something could stimulate growth in Bitcoin prices. According to the market expert, Bitcoin could quickly become the preferred choice of people looking to protect their savings against inflation, as it could serve as a simple ‘savings technology’ that preserves the value of their hard work.
Pompliano emphasized that this idea is not about making a quick buck, but about understanding how money loses value when central banks start printing more currency. Every dollar gets weaker, while Bitcoin, with its fixed supply, continues to gain strength as more people use it to save and invest. Scarcity due to Bitcoin’s fixed supply, combined with growing demand, could drive the Bitcoin price higher. Pompliano believes the pattern will last for many years.
Bitcoin is becoming the new benchmark in the modern financial world
Pompliano also described Bitcoin as the new ‘hurdle rate’ in the modern financial world. In simple terms, he said that investors are now comparing all other assets with Bitcoin to assess whether they are truly profitable. Like one traditional assets cannot outperform Bitcoin, it is not a substantial investment. He compared Bitcoin’s growth to the S&P 500, noting that while the S&P has doubled since 2020, it is down nearly 90% compared to Bitcoin.
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Pompliano said many traditional financial assets, including stocks and bonds, only look profitable when measured in fiat currency. But compared to Bitcoin, their returns fall short. This, he said, leaves investors with few options: buy Bitcoin or risk missing out on more substantial returns.
Pompliano’s comments come after the Bitcoin price reached a new all-time record from $126,198, followed by a decline to $124,714. Even with a slight dip, the market expert believes the rally isn’t nearly over yet. As he put it, this isn’t just a rally – it’s the start of a long-term change in the way the world views money and value.
Featured image created with Dall.E, chart from Tradingview.com