Investor Anthony Pompliano claims the global race for Bitcoin adoption among governments has begun, fueled by economic uncertainty and pro-crypto leadership in the U.S. Speaking on Yahoo Finance, Pompliano said President-elect Trump’s promise to establish a Bitcoin strategic reserve aligns with efforts by nations like Bhutan and El Salvador, which are already accumulating the asset.
He emphasized Bitcoin’s scarcity as a key driver, contrasting it with gold, and noted U.S. residents’ purchasing power has dropped 25% in five years. Domestically, states like Florida and Pennsylvania are exploring Bitcoin investments, with Pennsylvania proposing a strategic reserve holding 10% of its assets in Bitcoin.
Source: Cointelegraph
