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s the global competition for Bitcoin adoption heats up, Anthony Pompliano, founder of Professional Capital Management, warns that if the US doesn't prioritize it, other nations will leave them behind. In an interview with Fox Business, Pompliano emphasized that various countries are actively mining and holding Bitcoin, and the US needs to get involved to remain competitive in the digital economy.

    Pompliano drew a parallel between acquiring physical assets like the Panama Canal and digital assets like Bitcoin, highlighting its limited supply as a scarce resource. "Owning Bitcoin is like owning digital real estate," he said, noting that only 21 million will ever exist.

    The US needs to decide whether it wants to lead or follow in this emerging technology, Pompliano stressed. He also addressed concerns about Bitcoin's volatility, likening it to past hesitancy about investing in the S&P 500. "If you go back to the 1980s or 1990s, buying the S&P 500 was scary, but you were a genius if you did it in hindsight," he said.

    Pompliano advised that the best time to buy Bitcoin was yesterday and waiting will only lead to missed opportunities. He also noted that government involvement in Bitcoin is inevitable, pointing out that politicians already engage in similar practices with other assets.

    The US must be involved in Bitcoin to reduce hesitation from other countries, Pompliano emphasized, citing Russia's use of Bitcoin as a sanctions hedge. He believes the integration of crypto into the mainstream financial system will bring both benefits and challenges, and is bullish on Bitcoin's future, predicting continued dominance and inflow of capital from traditional finance.