As the global race for Bitcoin (CRYPTO: BTC) adoption intensifies, Anthony Pompliano, founder and CEO of Professional Capital Management, has issued a stark warning: if the United States does not prioritize Bitcoin, it risks falling behind as other nations take the lead.
What Happened: In an interview with Fox Business on Thursday, Pompliano emphasized that various countries are already actively mining, buying and holding Bitcoin, and that the U.S. needs to get in the game to remain competitive in the global digital economy.
Pompliano drew a parallel between the strategic acquisition of physical assets, like the Panama Canal and Greenland, and the strategic acquisition of digital assets like Bitcoin.
He highlighted that Bitcoin’s limited supply makes it a scarce digital resource that other nations are already leveraging.
“Owning Bitcoin is digital real estate. There’s only 21 million that will ever exist,” Pompliano stated.
He stressed the necessity for the US to determine whether they will lead or be left behind in this …Full story available on Benzinga.com