Bitcoiners were first to realize US economic data ‘was wrong’ — Pompliano
Anthony Pompliano claims that Bitcoiners were among the first to detect inaccuracies in US economic data, identifying an opportunity to profit based on that insight. Pompliano expressed in an April 12 social media post that while mainstream finance experts often accept government statistics at face value, this acceptance has led to poor analysis of tariffs and other financial factors. He specifically called into question the reliability of US inflation, employment, and GDP data, suggesting that many others will ultimately come to recognize these inaccuracies. His comments were echoed by US Treasury Secretary Scott Bessent, who admitted on a podcast that he does not trust the official data. Amid ongoing concerns over tariffs implemented during Trump's presidency, analysis suggests that Bitcoin may outperform the US dollar as a long-term store of value. Furthermore, Bitcoin's recent price movements defy typical market patterns, indicating an emerging trend as investments shift from traditional assets to alternatives like cryptocurrencies.
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