Anthony Pompliano Speaks to CNN about Warren Buffett and Bitcoin
Anthony Pompliano Speaks to CNN about Warren Buffett and Bitcoin
The co-founder and partner at Morgan Creek Digital was quick to respond to Buffett's assumptions of cryptocurrency.
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Ever since Warren Buffett gave an interview in which he stated "I don't ain any cryptocurrency" and rebuffed the idea that at that place was any value in Bitcoin, responses from the crypto community and media outlets accept been spreading similar wildfire.
Tron (TRX) Founder Justin Sun immediately came forrad and claimed that the blockchain could prove Buffett was indeed the owner of a number of Bitcoin. Even so, the issue many had wasn't his denial of ownership, just rather his seemingly outdated views on technology.
Anthony "Pomp" Pompliano, co-founder and partner at Morgan Creek Digital, spoke to CNN'southward Julia Chatterley at the New York Stock Exchange on Tuesday. He had a lot to say about the Buffett interview.
— Pomp 🌪 (@APompliano) February 25, 2022I spoke to @jchatterleyCNN this AM.
Explained why Warren Buffett isn't a great person to listen to on engineering science and why Bitcoin's monetary policy is superior to fiat budgetary policy.
If this video gets 500,000 views, Julia will bring on more Bitcoiners.
You lot know what to do 🙏🏽 movie.twitter.com/lEcyQkbG6w
Though Pompliano acknowledged many investors respect the billionaire and consider him a financial genius, he referred to Buffett as existence out of touch when information technology comes to cryptocurrencies:
"I actually don't take technology advice from somebody who uses a flip phone or doesn't use email."
Pompliano on Sweden'due south central depository financial institution digital currency
Pompliano continued the interview by expanding on the popularity of Bitcoin in Europe. The country of Sweden recently began testing a digital currency. If their pilot programme for the e-krona is successful, it would mean average citizens could conduct everyday transactions and banking through the blockchain.
"Everything will be digital. Instead, what nosotros're going to have is a competition of monetary policy. That'due south I think where nosotros believe that the Bitcoin monetary policy is superior to central bank monetary policies, and ultimately Bitcoin volition exist the winner, and will exist the global reserve currency at some point in the future."
Other countries take also been considering minting digital currencies of their own. Officials in Japan held meetings to discuss a digital yen, while this month The People's Bank of China filed applications for patents regarding a digital renminbi.
Source: https://cointelegraph.com/news/anthony-pompliano-speaks-to-cnn-about-warren-buffett-and-bitcoin
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