Bitcoin(CRYPTO: BTC) will "never stop going up" because "they will never stop printing money," saidAnthony Pompliano, founder and CEO ofProfessional Capital Management, during a Tuesday interview on CNBC.
Pompliano Calls Bitcoin The "Hurdle Rate"
Pompliano said Bitcoin's appeal lies in its simplicity as "savings technology."
He explained that investors can "work hard, spend less than they make, and put their savings into Bitcoin" to preserve value against monetary debasement.
He added that the trend of investors moving capital into Bitcoin represents the "story of finance of this decade," noting that "Bitcoin is becoming the hurdle rate."
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