The Pomp Podcast #1455 Anthony & Polina Pompliano | Will The Fed Push Bitcoin Higher?!
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Dec 17, 2024 
In a captivating discussion, Polina Pompliano, author of 'Hidden Genius' and founder of The Profile, joins Anthony Pompliano, CEO of Professional Capital Management. They explore Bitcoin's soaring value amid Federal Reserve policies and SoftBank's massive $100 billion U.S. investment. The duo suggests a reality TV show could reform government efficiency while reflecting on Argentina's economic revival under Javier Milei. Their insights link Bitcoin's market cycles to political leadership and dive into intriguing issues like New Jersey's drone dilemma.
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Bitcoin's All-Time High
- Bitcoin's all-time high is due to several factors, including the Fed's actions, increased access through ETFs, and company investments.
- The Bitcoin halving in 2024 reduced supply, while demand from institutional investors is surging, driving the price up.
Market Control over Interest Rates
- The market, not the Fed, currently dictates interest rates, evidenced by the market pricing in a cut despite rising inflation.
- This market control empowers Trump, who views Bitcoin's price as a measure of his presidency's success.
Trump's Pro-Bitcoin Stance
- Trump's shift from anti-Bitcoin to pro-Bitcoin stems from realizing Bitcoin and the dollar are not competitors but complement each other.
- Weak fiat currencies are declining, while both Bitcoin (for saving) and the dollar (for spending) are gaining popularity.