Anthony Pompliano, founder and CEO of Pomp Investments, reaffirmed his bullish stance on Bitcoin in a recent interview, drawing attention to Bitcoin’s dominance and strategic importance in the global financial landscape. Pompliano argued that Bitcoin`s rarity and positioning as “digital real estate” make it a vital asset for nations and institutions alike. Pompliano noted the limited supply of 21 million coins, saying: “Owning Bitcoin is like owning a strategic physical asset, but in the digital world. This is digital gold, and the US must decide whether it wants to lead or lag behind other nations that are already accumulating Bitcoin.” The discussion also touched on the growing acceptance of cryptocurrencies within the U.S. government. Pompliano noted that many members of the current administration, including President Trump and Senator J.D. Vance, own Bitcoin or other crypto assets, indicating a potential policy shift toward greater adoption. “We are seeing crypto mature and integrate into the traditional financial system. Bitcoin is no longer just a speculative asset; it is becoming a fundamental part of the conversation about free markets and capitalism,” he said. Related News: Veteran Analyst il Capo Reveals He`s Buying More of This Altcoin After Today`s Rally When asked about Bitcoin’s volatility and whether it’s a solid investment at current levels, Pompliano drew parallels to historical market trends, such as the early days of investing in the S&P 500. “The best time to buy Bitcoin was yesterday. The second best time is today. Waiting will make it even harder as the dollar continues to depreciate,” he said. Pompliano also touched on Bitcoin’s positioning compared to other cryptocurrencies, especially with the approval of Ethereum ETFs and the increasing diversity in the crypto market. Despite these developments, he said, “Bitcoin is king and will remain king. Most of the capital flows from traditional finance are directed to Bitcoin because it represents stability and purchasing power preservation.” On the geopolitical front, Pompliano said the U.S. risks falling behind if it does not consider creating a strategic Bitcoin reserve. Noting that many countries are already mining and purchasing Bitcoin, Pompliano suggested that America’s position as a global leader could be in jeopardy if proactive measures are not taken. As for his price predictions, Pompliano refrained from specifying specific targets but expressed unwavering optimism: “With or without Bitcoin reserves, the price will go higher. The real story of 2025 will be how BTC and crypto mature and become an integral part of the global financial system.” *This is not investment advice. Continue Reading: Anthony Pompliano, Investor with $50 Million Fortune, Talks About the Sustainability of Bitcoin’s Rally
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
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Alex Thorn Suggests Possible Paths for DeFi Over New Broker Rule
The U.S. Internal Revenue Service (IRS) has thrown the decentralized finance (DeFi) industry into turmoil with its recently finalized reporting rule that designates DeFi front-ends as brokerages . Issued on December 27, 2024, the rule mandates these platforms to comply with broker reporting requirements, a move that has sparked outcry across the crypto sector. Limited Options for DeFi Alex Thorn, head of research at Galaxy Digital, has identified three potential paths forward for DeFi platforms under this regulation. According to Thorn, these platforms can either comply and function as brokerages, block access for U.S. users, or adopt extreme decentralization by forgoing upgrades and revenue generation. Thorn emphasized that only highly decentralized platforms—those without front-end interfaces, non-upgradeable smart contracts, and no fee collection mechanisms—could potentially avoid the “broker” designation. “Said another way, extremely decentralized applications are not in a position to know and thus could not comply with broker reporting requirements,” he noted. Industry Pushback and Legal Action The announcement by IRS has ignited fierce opposition from the crypto industry, with executives and advocacy groups labeling the rule as overreach. Bill Hughes, an attorney for blockchain software firm Consensys, criticized the IRS for releasing the rule at the tail end of the year during the holiday season. “This rule has been ready to go for a while. They dump it…as if we wouldn’t notice or make an absolute ruckus over it,” Hughes stated. On the same day the rule was published, a coalition of crypto advocacy groups—including the Texas Blockchain Council, Blockchain Association, and DeFi Education Fund—filed a lawsuit against the IRS. The lawsuit alleges that the rule represents unconstitutional overreach by the Department of the Treasury and the IRS. Industry leaders have also called on Congress to step in and block the rule, arguing that it could stifle innovation and drive DeFi platforms away from U.S. markets. If implemented, the reporting requirements will take effect in 2027, giving platforms some time to adjust or push back. The controversy has reignited debates over the balance between regulatory compliance and innovation in the crypto space. The post Alex Thorn Suggests Possible Paths for DeFi Over New Broker Rule appeared first on TheCoinrise.com . BitcoinSistemi