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Pomp Puts Bitcoin Above Other Crypto-Assets

Pomp Puts Bitcoin Above Other Crypto-Assets

Pompliano Puts Bitcoin Above Other Crypto-Assets-Techcryption

Anthony Pompliano, Co-founder of Morgan Creek Capital and the well-known host of ‘Off the Chain’ podcast has clearly stated that Bitcoin is set apart from other blockchain projects, on an interview with CNN.

He mentioned that other cryptocurrencies do not share the same value as Bitcoin, and they may not be a good investment.

“All of these other assets that are ‘utility tokens’, either they’re utility in terms that they give you access to something so they’re not really an investment.”

Anthony Pompliano

Pomp went on to say that besides Bitcoin, he feels that tokenized securities are the second most interesting kind of crypto investments and that he sees a large future for tokenization of traditional assets.

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“I as an investor actually want to own equity in the software company because there’s profits, assets, revenues etc. I don’t want to own an asset that may or may not be there in the future and doesn’t have underlying utility or value driver that I can point to and say I have confidence that that’s going to last.”

Anthony Pompliano
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