The Pomp Podcast #1469 Anthony & Polina Pompliano | Will The US Embrace Bitcoin?!
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Jan 15, 2025 
In this engaging discussion, Polina Pompliano, founder of The Profile and author of ‘Hidden Genius’, teams up with Anthony Pompliano, a prominent financial expert. They dive into Jamie Dimon's critical stance on Bitcoin and its implications for global liquidity. The conversation highlights the devastating effects of California wildfires and the pressing need for effective leadership during crises. They also analyze potential shifts in political dynamics in upcoming elections and Mark Zuckerberg's recent strategic changes at META, emphasizing the evolving landscape of finance and technology.
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Dimon's Bitcoin Criticism
- Jamie Dimon's criticism of Bitcoin is likely due to his position as a banker, not necessarily his belief.
- Banks cannot currently custody Bitcoin, creating a conflict of interest.
Intrinsic Value is Subjective
- Intrinsic value is a subjective concept, not an objective reality.
- Different people will assign different values to the same asset, like a couch, stock, or gold.
LA Wildfires and Caruso's Response
- The LA wildfires, costing over $150 billion, highlight government ineptitude in preparation and response.
- Rick Caruso's Palisades Village, using private firefighters and water tankers, survived unscathed while surrounding areas were destroyed.