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What's most fascinating to Pompano is the sheer speed of Bitcoin's appreciation. He looked back at 2020 and found that Bitcoin went from $15,000 in early November to $30,000 by the end of the year - a doubling in just two months. Extrapolating the current pace, Pompano believes Bitcoin could potentially double again by the end of 2022.
Bitcoin's Message to Policymakers
However, Pompano believes Bitcoin's skyrocketing price is sending a deeper message that no one is listening to - a warning about government overspending.
"Bitcoin is telling us, 'Pay attention, the politicians are destroying the future,'" said Pompano. "In the last 90 days, the national debt has exploded by $850 billion. Bitcoin is up 44% in that same time period. Bitcoin is telling on the politicians."
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