Anthony Pompliano VS Mike Green: The Great ₿itcoin Debate! 👍💰👎

Mike Green, chief strategist and portfolio manager at Logica Capital, and Anthony Pompliano, investor at Pomp Investments, join Ash Bennington, Real Vision senior editor, to discuss their opposing views on ₿itcoin.

They each explain their views on ₿itcoin—Pompliano makes the case for ₿itcoin being a store of value that should be widely adopted and encouraged by the United States in order to stay competitive globally while Green asserts that ₿itcoin is used primarily for nefarious activity and is mainly controlled by entities that are oppositional to the United States.

Green believes that ₿itcoin is the perfect example of markets indicating that something is incredibly successful, even when in actuality it is failing (or will fail), and that its price appreciation does mean that it is a robust system. Filmed on February 1, 2021.

Key Learnings: Pompliano believes that there are many non-trivial indicators that suggest ₿itcoin is robust and becoming widely adopted including the number of wallets, transactions, and hash rate. He believes there is a significant chance that ₿itcoin will be adopted by a significant amount of the S&P 500 companies and nation-states. On the other hand, Green thinks it is extremely unlikely to see major adoption from the largest companies and nation-states, explaining that this could even harm the U.S. He believes that ₿itcoin can be trivially attacked and taken down by a nation-state and that the system is not as secure as many people claim it to be.

TIMESTAMPS:
00:01:19 - Opening Statement: Green
00:07:55 - Opening Statement: Pomp
00:13:07 - Nefarious Activity and Transparency
00:23:26 - Who Controls ₿itcoin? Should It Be Banned?
00:35:23 - Are There Benefits of ₿itcoin to the US?
00:46:30 - Exposure to ₿itcoin in an Unpredictable Future
00:52:19 - Can ₿itcoin Be Successfully Attacked?
00:59:41 - Is Wide Spread Adoption Likely?
01:11:44 - Final Thoughts

Original Video by Anthony Pompliano: https://www.youtube.com/watch?v=zA5jnK4v884

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