Anthony Pompliano says Bitcoin is digital gold, remains the best savings tool and will continue to outperform for years to come.“The last halving, we are four years later. It was eight thousand dollars. Today, it’s $64,000. Name any other asset that has performed so well over a four-year cycle,” Pompliano said in response to concerns about Bitcoin’s latest correction.
“So, when people saw Bitcoin go down on Saturday, they said, “Oh, my God! Bitcoin went down!” So did gold, and so did any other financial market that was open.” He also highlighted that Bitcoin and gold hold sound money principles in that they are assets “outside the system that no one can create more.” He further explained that those who are looking for “downside protection” should buy gold because it is less volatile. However, Bitcoin is the best option for those seeking to increase their purchasing power.