Bitcoin Adoption Hits An All-Time High

The Pomp Letter

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Bitcoin Adoption Hits An All-Time High

Anthony Pompliano

Apr 21, 2023

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To investors,

Bitcoin is up 70% in USD price to start the year. This appreciation can be attributed to a number of different drivers. Here are a few that I have identified:

Bitcoin is used as a hedge against potential US default related to debt limit crisis
Bitcoin is used as a hedge against a worsening of the banking crisis
Bitcoin is used as a way to fron…

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