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Pomp: $1k Bitcoin Investment Would Be Worth $2.6 Billion Today

16 May 2019 13:17, UTC

Anthony Pompliano, the co-founder of Morgan Creek and famous Bitcoin evangelist, also known as Pomp, has summed up the renewed wave of interest to Bitcoin and the crypto market in general in one of his latest tweets. According to the expert, the emerging financial system is able to generate long-term wealth for many.

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Bitcoin has already brought enormous wealth to a multitude of average investors, and lately, it has been increasingly heard that the pioneering cryptocurrency has excellent potential in the future global wealth redistribution. And while certain segments of our society are unable to move upwards because of the financial inequity, Bitcoin could easily change that in future, agrees one of Pompiliano’s followers,

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Last year, Pompliano-led Morgan Creek has placed a $1 million bet that the digital assets will outperform the traditional stock market, referring to the S&P 500.

Image courtesy of Hacked.com