American investor Pompliano has 50% of his assets in bitcoins
|Slavomír Kaňuk|source|3632x
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American investor Pompliano has 50% of his assets in bitcoins

Anthony Pompliano, an American investor and co-founder of Morgan Creek Digital Assets, explained his investment strategy and skepticism towards fiat currency in an interview for Cointelegraph.

When asked if putting 50% of his assets in bitcoins was a risky move, Pompliano said that the risk is relative and that he has thought his strategy through. He also stressed the need for greater diversification.

“I came to the conclusion that having 100% of your assets in fiat currency is not a good idea. Why? Because if one of those smaller currencies in which you have 100% of your assets is hit by hyperinflation, you bet you will find yourself in big trouble."

Bitcoin, according to Pompliano, has the safest computer network in the world, and "its defense-first approach actually leads to a great offense and drastically increases the probability that bitcoin will one day be the global reserve currency of the world."

Pompliano also predicted that by the end of 2021 bitcoin would grow to $ 100,000. He based his prognosis on the classical economic principle of supply and demand, which also applies to the innovative class of digital assets.

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