Pompliano Predicts US Government Bitcoin Holdings, Accumulates Solana

IconCryptoNewsTerminal Staff30 Jul, 2024

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Pompliano Predicts US Government Bitcoin Holdings, Accumulates Solana

Anthony Pompliano, renowned crypto investor, predicts that the US government will eventually hold Bitcoin in its balance sheet. He estimates a timeline of 10-15 years for this move. Pompliano also discloses his investment strategy, emphasizing a significant allocation to cryptocurrencies, primarily Bitcoin. In addition to Bitcoin, Pompliano highlights Solana as a promising investment. He views Solana's growth as a potential threat to Ethereum's dominance in the smart contract space. Despite the volatility of venture fund investments, Pompliano remains bullish on Bitcoin's long-term prospects. He believes Bitcoin's resilient nature and limited downside risk make it a compelling investment.