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Investment expert Anthony Pompliano suggests there is a global rush to accumulate Bitcoin among nations and governments, driven by the decline in currency value. Declaring that it’s a race to acquire the most Bitcoin, he advises all levels of jurisdictions to secure as much as possible. He pointed out that countries like Bhutan and El Salvador have started gathering Bitcoin and could be ahead due to smaller-scale risks. Pompliano believes investing in Bitcoin is a calculated risk for the US, especially with the national debt increasing. States like Florida and Pennsylvania are considering adopting Bitcoin as a strategic reserve.

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Investment expert Anthony Pompliano has recently shared his view that there’s a worldwide scramble going on for Bitcoin, among different nations and their governments. Appearing on Yahoo Finance, Pompliano suggested that there’s a wide belief that Trump, as likely President-elect, would stay true to his campaign promises and establish a Bitcoin strategic reserve. Going by Pompliano, this could be a strategic move for the US, to ensure it’s not outpaced by other nations.

“There’s a global race to get Bitcoin happening. Whether you’re involved on a local level, or at state or federal level, you should be trying to get as much Bitcoin as you can. This isn’t like gold – you can’t just dig more out of the ground,” Pompliano emphasized.

According to the pro-Bitcoin investment manager, the rush to adopt Bitcoin is mostly fueled by the decrease in currency value, pointing out that the purchasing power of US citizens has tanked by around 25% in the past five years.

Shifting the focus to the international plane, Pompliano noted during his interview that smaller countries like Bhutan and El Salvador, who’ve been gathering up Bitcoin, could potentially be at an advantage given their smaller-scale risks, compared to major global players like the US. Nonetheless, even for the US, Pompliano argues that the risk of investing in Bitcoin is relatively small.

In the context of US national debt rising by an alarming 850 billion dollars in just the last 3 months, Pompliano suggests that investing a similar amount in Bitcoin is definitely worth the risk vs. reward.

This trend of adopting Bitcoin as a strategic reserve is also being seen locally. In Florida, the state’s main financial officer, Jimmy Patronis, is pushing to allocate a portion of the state pension fund to Bitcoin. In November 2024, lawmakers in Pennsylvania even put forth a bill proposing a Bitcoin strategic reserve. If this passes, the State Treasury of Pennsylvania will be allowed to hold 10% of its assets in Bitcoin.