Anthony Pompliano predicts that Bitcoin will surpass $1 million due to its growing role in the financial system. He argues that the S&P 500, a traditional benchmark for investment performance, has limitations in terms of accessibility and transparency compared to Bitcoin. Pompliano notes that younger investors are shifting their focus towards Bitcoin as a benchmark and believe that if an investment cannot outperform Bitcoin, it is not worth holding. Bitcoin has significantly outperformed both the S&P 500 and gold, strengthening its credibility as a benchmark. Pompliano's previous price predictions for Bitcoin have been accurate, and he reaffirms his belief that Bitcoin will hit $1 million and beyond. Overall, Bitcoin is becoming the foundation of a new financial system and the question is whether investors are measuring their portfolio's success against the right benchmark.



Other News from Today