Why Isn’t Bitcoin Pumping While Gold Soars?

cryptocurrency 2 weeks ago
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Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation, we go on a global tour — from Argentina to China to London and back to the U.S. — breaking down what’s happening in different economies, why the US dollar, gold, bitcoin, and global swap lines all matter right now. We also discuss market sentiment, bitcoin’s recent price action compared to gold, and whether investors should actually be worried. 🔊 Audio Podcast Listen to The Pomp Podcast on the audio platform of your choice: http://pomppodcast.com 🖥️ From The Desk of Anthony Pompliano Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: http://pompdesk.com/ 📧 Newsletter Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: https://pomp.substack.com/ 👉 Follow Pomp on Social Media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.din.com/in/anthonypompliano/ 🤝 Podcast Sponsors BitcoinIRA: Buy, sell, and swap 75+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $500 in rewards. Core is the leading Bitcoin scaling solution, enabling you to lock in yield by locking up your Bitcoin. Simply lock it on the Bitcoin blockchain to secure the Core network, and get rewards. No bridging. No lending. Just holding. Still your keys. Still your coins. Now your yield. Start at https://stake.coredao.org/pomp ⏰ TimeStamps: 0:00 - Intro 1:05 - Argentina’s economy and dollar swap lines 7:19 - Why the US is buying pesos before bitcoin 10:51 - Bitcoin as a strategic reserve asset 12:45 - China’s trade war and capital flows 17:49 - Lessons from the Bank of England and gold’s staying power 23:11 - How bitcoin could follow gold’s path 27:09 - Founding of America and monetary history 30:43 - Market sentiment and crypto disappointment 32:53 - Bitcoin adoption and trade-offs #Bitcoin #AnthonyPompliano #Pomp
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