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Why Is Bitcoin’s Price Going Down?
John and Anthony Pompliano discuss bitcoin, why the price is going down, what’s going on with the Federal Reserve, Lisa Cook and the pressure from the White House, prediction for the next 10 years of the US economy, and will Powell cut interest rates?
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🖥️ From The Desk of Anthony Pompliano
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Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: https://pomp.substack.com/
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⏰ TimeStamps:
0:00 - Intro
0:23 - Why is bitcoin dropping?
4:34 - Bitcoin vs money supply
12:12 - Where does bitcoin go from here?
21:31 - Why bitcoin is now a consensus trade
25:44 - Early bitcoin stories and ancient coins?
34:44 - Feedback from Jerome Powell and Jackson Hole
41:00 - Lisa Cook situation and where we go from here
#Bitcoin #AnthonyPompliano #Pomp
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