Amid the drama of rising inflation and tariffs that seem to have everyone in a tizzy, Bitcoin enthusiasts are claiming victory. Anthony Pompliano declared that Bitcoiners were first to realize US economic data was skewed, positioning themselves for potential gains. While traditional finance folks cling to government statistics, Pompliano warns that many will soon see the light about the inaccuracies in job numbers and GDP figures. Meanwhile, Bitcoin continues to show resilience against market swings, having recently rallied even as stocks stumbled. As the stock market plummets, analysts are noting Bitcoin's unusual stability, raising hopes that it could outlast the US dollar. With looming concerns over economic stability, some crypto advocates suggest that we may be entering an "up only mode" for Bitcoin. Let's hope that translates to a price tag higher than my hopes and dreams!
Sunday, April 13, 2025
Bitcoin’s Economic Eye-Opener: Pompliano Sees Flaws in US Data
Amid the drama of rising inflation and tariffs that seem to have everyone in a tizzy, Bitcoin enthusiasts are claiming victory. Anthony Pompliano declared that Bitcoiners were first to realize US economic data was skewed, positioning themselves for potential gains. While traditional finance folks cling to government statistics, Pompliano warns that many will soon see the light about the inaccuracies in job numbers and GDP figures. Meanwhile, Bitcoin continues to show resilience against market swings, having recently rallied even as stocks stumbled. As the stock market plummets, analysts are noting Bitcoin's unusual stability, raising hopes that it could outlast the US dollar. With looming concerns over economic stability, some crypto advocates suggest that we may be entering an "up only mode" for Bitcoin. Let's hope that translates to a price tag higher than my hopes and dreams!
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