Pomp is never shy of expressing how bullish he is on Bitcoin, but we have to figure out what form of adoption he is referring to. I'm pretty certain that countries will first try out their own digital'ish currency or tokenize their entire financial system, and perhaps when that doesn't work out for whatever reason, they might look at Bitcoin in a more serious manner.
It's important to understand that countries using Bitcoin for cross border transactions to avoid international banking sanctions is adoption too. It doesn't necessarily have to be them using Bitcoin, or more precisely said, satoshis, as their new native form of money, which is obviously what people hope for.
Topic: Anthony Pompliano Says Country That Adopts Bitcoin First Will Have Advantage - page 2. (Read 408 times)
July 31, 2019, 10:28:04 AM
July 31, 2019, 10:16:37 AM
Its a fact and I totally agree with that statement. Just like those firs group of individuals who have got hold of bitcoin at its early stage have become millionaires while other have become billionaires. Just imagine if a country adopts bitcoin and they are the first one to do it. This could mean that the general population in their country will get hold of bitcoin during that time. When the time comes and bitcoin skyrockets again, majority of the population who hold bitcoin will become millionaires. This will have a huge impact on their economy and will put their country at the top. This means more taxes gained, more employment made, more infrastructure and projects will be done by the government and many more.
July 31, 2019, 03:46:59 AM
Well!!
Anthony pomplian the co-founder of morgan creek says that countries whether it’s China, Russian or the US, that embrace bitcoin would be frontrunners in the financial technology space.
What's your point of view on this?
Anthony pomplian the co-founder of morgan creek says that countries whether it’s China, Russian or the US, that embrace bitcoin would be frontrunners in the financial technology space.
What's your point of view on this?
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