Anthony Pomplino keeps half of his funds in bitcoins

Anthony Pompiano, a well-known cryptocurrency enthusiast and co-founder of Morgan Creek Digital, said that he keeps half of his money in cryptocurrency, as he does not trust fiat money.

In his interview, Anthony Pompliano noted that everyone perceives the risk differently, but he always had a clear vision of his own actions.

“I would say that keeping 100% of your savings in fiat currencies is a bad idea. Because if the fiat currency in which you hold your funds, suddenly undergoes hyperinflation or simply collapses, you will have a lot of problems, ”the investor said.

He stressed that it is necessary to diversify their funds, and cryptocurrency comes to the rescue. Bitcoin blockchain is the most secure network in which the most important thing is protection. This approach will lead to the growth of Bitcoin, and in the end it will become a global reserve currency.

“Always the strongest state in the world controlled the reserve currency. But now those times are coming when military superiority or economic power suddenly become less important, ”the investor said.

The other day, Pompiano expressed the opinion that by 2021 the Bitcoin exchange rate would reach $ 100,000. According to him, he is 70-75% sure in his forecast, which is based on the basic principles of classical economics of supply and demand.