A crypto expert explains why bitcoin is a good hedge against global turmoil




As the stock market tanked on Monday, Bitcoin took another leg higher. Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, joins “Squawk Box” to discuss the cryptocurrency market.

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32 Comments

  1. Kevin O'Leary is a liar. There is a 2 year old video going around where he explains bitcoin very well and even claims to have 2 percent of his portfolio in it. His skepticism is an act and the people on that show are in on the scam, because it was this same show he said these things on.

  2. Kevin O’Leary is a liar, he has had bitcoin since 2013 and supports it. This info just got exposed yesterday on youtube. Search for it and thumbs up this to spread the light against disinformation and greed

  3. cryptos are to risky for me because there is no track record of it dated back more than 10 years I would rather have my money saved in physical gold and silver that have held there value for over thousands of years if I was a trader trying to make quick money I would definitely go to cryptos the volatility is huge

  4. MR.WONDERFUl has a 2013 interview, where he is touting his love for BITCOIN. These people are such professional liars. Look up the interview its all over TWITTER

  5. The price has been a bit stable with a $12k Level but will the rally be strong enough to hold the current price attained? Jing's program has made me understand the power and importance of consistency in trading even if the price drops down to $7k level. With the aid of Jing's program I went from having 0.7btc to 5.3btc in just 18days of trade. For y'all having troubles trading, feel free to reach him on WhatsApp; +17754312833 or Hangout ; Jingleeson@gmailcom for assistance.

  6. Hedge? It’s backed by nothing but speculation. A hedge asset doesn’t spike -20%-20% in a single day. It’s a terrible investment and you’ll lose your ass on it if you invest.

  7. God i hate how ignorant and blinded people are to the current legacy system that has been corrupted in these rich peoples favor. Its time we take it back and bitcoin does that

  8. O'Leary is methodical, he's intentionally playing dumb. He knows what Bitcoin could do, but he doesn't want anyone to know he's loaded on it if it reigns supreme. I think many people can relate.

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