Morgan Creek Digital’s co-founder and Bitcoin COP, Anthony Pompliano, said that he would spend the Dollar immediately as a Token, if he were the US government. The only way they could retain their Status as the world’s reserve currency. He believes that people will ultimately choose Bitcoin as a currency not under the control of the government.
Contents
Tokenization of the US Dollar
Pompliano language during a performance at CNBCs Squawk Box. Someone asked how Bitcoin will perform, when national currencies have become all digital.
First, he suggested that, if he were the US government, he would authorize the dollars immediately token. China is already working on the Tokenization of the Yuan, he said, and other countries will follow the example. The future would be no competition between digital and non-digital currencies, but between different monetary policies.
If a token isolated Yuan would be available, and a Dollar, then other countries would find it easier to buy the Yuan. This would lead potentially to a higher acceptance. If the US government wants to have a Chance that the US Dollar retains the global reserve currency, then you should authorize immediately token, Pompliano.
Either way, Bitcoin will catch on the end of
As Pompliano came back to the original question, he reiterated his Belief that Bitcoin would prevail in the end.
In the face of a variety of digital and national currencies, he believes that the people will not be attracted to, ultimately, feel a currency, the manipulated, or censored can be confiscated. Bitcoin may develop slowly at first, but Pompliano believes that the people in the end will choose a currency that can not be used by governments controlled.
Pompliano is one of the best known figures in the crypto industry. He has recently announced that a full 50 percent of his investment portfolio in Bitcoin.
Text evidence: bitcoinis, emilio janus