I Actually Think The U.S. Dollar Is Riskier Than Bitcoin
“If you look at some of the inflation concerns that you and I both have, the U.S. Dollar may actually be the riskier asset than Bitcoin.”
That was Anthony Pompliano talking to Jim Cramer about Bitcoin on his podcast a few months ago. Here’s the video referencing the conversation.
You know, what Pomp just said is actually pretty ridiculous when you think about it. Come on. Bitcoin, a currency that’s been known to lose 40% of its value in a week, is less risky than the U.S. dollar?
I forgive you if you want to laugh him out of the building, and me as well for backing him up.
If we were to seriously say that, right now, Bitcoin is less risky than the U.S. dollar, then you’re right. It’s not. The value of the U.S. dollar is pretty rock solid right now.
But when you look at this situation in the long-term, and zoom WAY out with me to 5, 10, or 15+ years down the line, you may see things a lot differently.
