Pompliano: Crypto Will Disappear Not by Collapse — but by Complete Integration
- Blockchain technology will eventually become invisible infrastructure across global finance, making the term “crypto” obsolete, Pomp says.
- Institutional investors favour stable, predictable assets over volatile ones, driving large pools of capital into Bitcoin as its volatility declines.
- Stablecoins have already assumed the transactional role Bitcoin was envisioned for, as the demand for dollars on blockchain rails reveals untapped appetite.
- Crypto and Trad-Fi will merge into one unified system; AI and blockchain together will digitise the entire financial sector, replacing both financial advisors and the analogue systems they once operated within.
“There’s a reckoning that’s happening across both crypto and Wall Street”, said Investor Anthony Pompliano. He argues that “crypto” as a term will fade as blockchain becomes standard infrastructure across global finance.
With giants like BlackRock and JPMorgan already using blockchain for trades, he says the technology’s ultimate success will make it invisible – the backbone of modern markets rather than their challenger.
Speaking on CNBC’s Squawk Box, “Pomp” said that institutional investors prefer predictable, stable assets over ones that “go up 100x and then drop 80% every three to four years.” As Bitcoin’s volatility declines, he said, “large pools of capital” are moving in, even if that makes the market less exciting for early adopters.
Digital Gold and Stablecoins
So, could Bitcoin evolve beyond a store of value to become a true medium of exchange?
Pompliano acknowledged that while some envision Bitcoin being used for daily transactions, he said “if you think Bitcoin is going to appreciate, you don’t want to spend an asset that is likely to appreciate in the future.” Instead, he pointed to stablecoins as already taking over the transactional role:
The rise of stablecoins […] is just taking the exact same asset – the US dollar – with the same monetary policy [and] you’re putting it on new rails […] The demand for dollars was way higher than we ever thought before, and that’s a good thing for the United States.
Anthony Pompliano Related: Crypto Treasury Firms Reel as Market Slump Erodes Billions in Holdings
From ‘Crypto’ to Finance – the ‘Death’ of Crypto
Next, Pomp discussed whether the risk of Bitcoin going to zero is now off the table.
Overall, he dismissed that fear as a “luxury belief,” adding that serious investors wouldn’t risk shorting an asset they claim is worthless. He then widened his focus to the bigger picture:
“This whole idea of crypto is going to be dead in a decade,” he said. “People are not going to be talking about crypto. We’re just going to talk about finance.”
He pointed to BlackRock’s Bitcoin products and tokenisation efforts as evidence that major institutions are already adopting blockchain technology. Over time, he said, crypto and traditional finance will be indistinguishable – “just finance.”
Finally, Pompliano concluded by linking AI and blockchain as forces transforming financial services. Citing software tools that unify users’ bank, brokerage and crypto accounts, he said AI could soon “replace financial advisors,” while blockchain “digitizes” the financial system itself.
We had an analog financial system […] then an electronic one […] Now we’re entering this digital world […] It’s the same assets and market structure – It is just now going to be in a different form factor.
Anthony Pompliano Related: Bitcoin Faces Pressure as ‘OG Whales’ Unload Massive Holdings