Anthony Pompliano, co-founder of Morgan Creek Digital Asset Management, said that in the future, all the world’s central banks will buy bitcoin to hedge the risks of the US dollar.
According to the publication of The Financial Times, amid the global trade conflict, world central banks diversified their reserves and spent $ 15.7 billion on gold for the first half of this year. Thus, central banks provided almost one sixth of the demand for this precious metal over the period.
At the same time, according to the forecast of the World Gold Council, central banks will continue to buy gold if the growth of geopolitical uncertainty continues to grow. However, Anthony Pompliano invited banks to turn their attention to digital assets.
“As soon as banks turn their attention to the non-correlating bitcoin trend asymmetrically upward, everyone will want to have this asset in their portfolio,” he said.
Earlier, communicating with a well-known supporter of gold investments and an ardent opponent of cryptocurrencies Peter Schiff, Pompliano said that in the investment portfolio you can simultaneously hold both bitcoin and other cryptocurrencies, as well as traditional financial assets.
Last month, Pompliano expressed the opinion that the policy of the European Central Bank could become “rocket fuel” for bitcoin.
“The ECB is going to lower interest rates and start printing money at the same time that the cryptocurrency industry will be halving the Bitcoin mining reward. Fasten your seat belts – it will be crazy, ”he wrote then.