ProCap Financial chairman and CEO Anthony Pompliano joins 'Varney & Co.' to discuss Bitcoin value and volatility and whether the U.S. is falling behind China on AI.
Anthony Pompliano and David Bahnsen discuss Bitcoin's dip below $59,000, debating its true value as a volatile trading asset versus a stable store of value. Pompliano highlights the importance of volatility for investors seeking returns, while Bahnsen questions how to determine its worth without internal returns, comparing it to gold's long-term performance. Pompliano as discusses whether the U.S. is falling behind China in the AI race.