The American investor and founder of Pomp Investments said that a “race for Bitcoin” has begun between countries and governments in the world. The race has one reason – the devaluation of the US dollar, the businessman assures.

Anthony Pompliano said market participants believe in the intentions of US President-elect Donald Trump (Donald Trump) keep the election promise and create a strategic state reserve of bitcoins. Such a decision would be in the interests of the States in order to prevent other states from managing the first cryptocurrency, the businessman explained:

“There is now a global race for Bitcoin. Whether you’re a local, state, or federal government official, you need to figure out how to get as much Bitcoin into your balance as possible. It’s not like gold, where we can just dig up more metal from the ground. The race for Bitcoin is primarily driven by the devaluation of the US currency, which has lost approximately 25% of its purchasing power over the past five years.”

The businessman believes that Bhutan and El Salvador chose the right policy of accumulating the first cryptocurrency, and now the risks of Bitcoin falling below the psychologically important level of $75,000 are practically minimized.

Earlier, Anthony Pompliano said that the first cryptocurrency received the status of the main tool for increasing financial stability among such large companies as MicroStrategy, MetaPlanet and Semler Scientific.