According to U.Today, angel investor and Bitcoin investor Anthony Pompliano explained on CNBC why Bitcoin has surpassed all other savings assets. He pointed out that the dream of Bitcoin investors a few years ago has come true again, which shows the impact of Bitcoin on the market value of gold. Despite the sharp correction over the weekend, Bitcoin has performed very well. Pompliano said that investors dreamed of seeing Bitcoin plummet to $64,000 a few years ago, and now Bitcoin has risen by about 40%. Since the last halving four years ago, Bitcoin has risen by 800% (from $8,000 to $64,000), which he called a strong and outstanding performance. He also criticized gold, which has only grown by about 11% in the past five years and has only increased by 7% so far in 2024, despite being considered a store of value and having a history of hundreds of years. He claimed that people who hold gold have lost purchasing power in the past five years, while Bitcoin has proven its status.
