Anthony Pompliano: "bitcoin surpasses stocks, bonds, currencies and commodity futures».

Founder of Morgan Creek Digital Assets Anthony Pompliano (Anthony Pompliano) in an interview with CNN told why he and other entrepreneurs protect bitcoin and remain committed to new technologies, even despite the strong decline in the market.

"We are confident in the growth of bitcoin in the long term. If you look at the underlying factors, the daily volume of bitcoin transactions is about $ 4.6 billion, and the market capitalization is $74 billion.

Capitalization exceeds the volume of transactions by about 16 times. This is very similar to the figures of Mastercard, where the daily volume of transactions is $11 billion, and the cost is estimated at $180 billion So from this point of view bitcoin is very similar to Mastercard," he said.

The crypto-currency enthusiast stressed that despite the short period of development of the technology – bitcoin is only 10 years old, and Mastercard was founded in 1966 – it already exceeds the performance of shares, bonds, currencies and commodity futures. According to Pompliano, in another ten years all traditional assets will look "pale" compared to cryptocurrencies.

In response to the question about the current price of bitcoin and strong levels of its support in the area of $1000-$3000, Pompliano offered to look at the volume of transactions.

"I think it's all about investors. Until 2018, there were practically no institutional investors in the industry. We believe that the work carried out today has created a basis for the future price movements of bitcoin up in the next two or three years," he said.

The other day, Pompliano said that in the near future, many crypto-currency companies and funds may begin to close. On the other hand, the partner of the venture company CryptoOracle Lou Kerner (Lou Kerner) compared the current decline in the cryptocurrency market with the explosion of the dotcom bubble in the early two thousand years.