Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home ยป Anthony Pompliano: China can buy 21 million BTC

    Anthony Pompliano: China can buy 21 million BTC

    0
    By BlockchainJournal on October 27, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Anthony Pompliano, co-founder of Morgan Creek Digital, said in a slightly sarcastic form on his Twitter blog that the PRC, in its desire to develop a digital financial system, could buy back 21 million Bitcoin-coins.

    On his blog, Pompliano turned to Donald Trump, saying that there are only 21 million BTC and China is going to buy them. If this happened, then according to the crypto enthusiast, a real competition would ensue between China and the USA. This would attract the attention of the American president. According to Pompliano, Trump does not like to lose and he would try to buy all the funds.

    Someone tell President @realDonaldTrump that there are only 21 million Bitcoin and China is planning to buy them all.

    This is going to be the real US – China competition.

    That should get him to pay attention.

    The guy hates losing and will try to buy them all??

    Pomp ? (@APompliano) October 26, 2019

    Recall that earlier Trump made it clear that he was negatively inclined towards cryptocurrencies, in particular due to the fact that they are actively used by criminals. At the same time, the desire to have strict control over the crypto industry is dictated by the US fear of losing the value of USD as a global reserve currency.

    In China, a little differently – the other day, the head of the PRC announced that the country would invest in the development of the blockchain industry. Innovative technology is expected to find application not only in the financial sector, but also in the development of the Internet of things, artificial intelligence, big data. In addition, China is developing a national digital currency.

    It is noteworthy that this week Bitcoin experienced a sharp drop, the price fell $ 500 and a sharp rise – the rate rose from $ 7,500 to $ 10,500. Experts attribute the fall to the uncertainty surrounding the Libra project, and the rise could have been caused just by the statement of the Chinese leader regarding the country's position in relation to the blockchain.

    Bitcoin blockchain BTC Fall Featured Libra Morgan Creek Twitter USA USD
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    WisdomTree Revolutionizes London: To List Bitcoin and Ethereum ETPs in the UK After FCA Approval

    October 16, 20253 Mins Read

    Kraken expands derivatives in the U.S. after buying Small Exchange from IG for $100M

    October 16, 20253 Mins Read

    Market Alert: A BNB price technical analysis predicts a 30% drop

    October 15, 20252 Mins Read

    Bitwise CIO Rules Out Lasting Damage in the Crypto Market After October 10 Crash

    October 15, 20253 Mins Read

    Million-Dollar BNB Cryptocurrency Donation for Malta Remains Unclaimed After 7 Years

    October 15, 20253 Mins Read

    Gold Soars Above $4,200 Amid Historic Cryptocurrency Capital Outflow

    October 15, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.