NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

The Tide is Turning, No-Coiner Bill Burr Convinced Over Merits of Bitcoin

Samuel Wan
Samuel Wan
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin bull Anthony Pompliano recently took part in the Bill Bert Podcast, hosted by comedians Bill Burr and Bert Kreischer.

https://youtu.be/UbMaPYX52go

The hour and a half long episode had Pompliano selling the merits of Bitcoin, while at the same time, dispelling myths that had previously held the pair back from investing.

As a result, both Burr and Kreischer became enthusiastic converts during the episode. So much so that, at one point, Burr responds in his trademark brash and unapologetic style by saying:

“I’m getting Bitcoin, f*ck this sh*t.”

I’m calling it now. On July 1, 2020 @billburr and @bertkreischer kicked off a historic 18 month Bitcoin bull market 🔥 pic.twitter.com/hjhWiZ2cFd

— Pomp 🌪 (@APompliano) July 1, 2020

Lebanon is a Prime Example of What Can Happen

During the episode, the trio discussed fragilities within the fiat system, which when considering the benefits of holding Bitcoin, was enough to paint the number one cryptocurrency in a new light.

Pompliano mentioned the on-going currency crisis in Lebanon, which has seen the Lebanese pound crash 50% in 10 days against the dollar.

Once an outlier in the Middle East due to its glamorous lifestyle and political stability, Lebanon today is a country in crisis. The collapse of the Lebanese pound, which started in October 2019, has seen inflationary spikes in the price of essential goods and services.

A shopkeeper in Beruit described the situation as frightening. Continual price rises have seen the value of money whittle away, few can now afford to feed themselves.

“If you go to the supermarket you will start crying. Everyone I know is depressed.”

The problems have been building for many years, but economists attribute the unfolding crisis to a number of factors including an overreliance on debt and money printing, political corruption, and the country being a net importer.

No-one Can Print More Bitcoin

In selling the benefits of Bitcoin, Pompliano described it as a peaceful protest in which people now have the option to step outside of the madness of fiat monetary policy.

“The United States can’t print more, China can’t print more, Russia can’t print more… if there’s a set amount, 21 million that will ever get created, basically, you’re protected from all of that inflation…”

But what really spooked Burr and Kreischer was the exponential growth of BTC’s value. When talking about the most expensive things ever purchased using BTC, the hosts were in disbelief that planes and houses have been bought using BTC.

Pompliano stated that as long as both parties in a transaction believe BTC has value, then it has value, and will trade hands for even the most lavish of items.

“Here’s the crazy part, Bitcoin used to be worth, one Bitcoin, 0.3 cents. Less than one penny, today it is worth $9k… the only way it grows is because demand increases…”

The rise in value of Bitcoin

Source: tradingview.com

Changing Tide of Sentiment

With that, the podcast marked a turning point in the sentiment of no-coiners.

Bitcoin, and cryptocurrency in general, suffer from being seen by the broader public as overly complicated. The resultant disinterest is a major stumbling block for adoption and acceptance.

In this respect, Pompliano deserves much credit for explaining concepts in a simple manner. What’s more, his ability to vibe with Burr and Kreischer made this podcast fun and entertaining to watch.

Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway

Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway

Pump.fun, the Solana-based platform enabling users to easily launch and trade custom tokens—especially meme coins—has just marked a historic milestone....

Sebastian Villafuerte 2 hours ago

Gemini分析比特幣升勢帶動示新牛市周期 Bitcoin Hyper等Layer 2項目引爆關注!

2025年7月10日比特幣成功突破118,000美元大關刷新高,也標誌著市場情緒全面翻多。這一歷史性時刻並不只是主流資產的短線波動,更揭示出整個加密市場的新一輪進化正在發生。當傳統比特幣不再滿足應用需...

Kelvin Lee 8 hours ago
Cardano price

Cardano Price Explodes 30% In Past Week — Analyst Calls $5 Next Market Top

The Cardano price has witnessed an exhilarating run over the past few days, experiencing a significant breakout from consolidation beneath...

Opeyemi Sule 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin price

Bitcoin Price Could Soar To $146K In The Next Leg Up — Analyst Explains How

Opeyemi Sule 54 minutes ago
BTC All-Time High

Crypto expert: Bitcoin bereikt nieuwe ATH van $112k, betekent dit start van altcoin season?

Lars Diederiksen 4 hours ago
Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

Sebastian Villafuerte 1 hour ago

Premium Sponsors

Press Releases

  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    17 hours ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    17 hours ago
  • 新しい仮想通貨価格動向|話題の最新コインの成長可能性

    ...

    17 hours ago
  • アルトコイン注目銘柄|2025年7月第2週に見るべき3銘柄

    ...

    17 hours ago
  • ロビンフッドが1ドルから始めるETHとSOLのステーキングを開始──今注目の仮想通貨投資はこれだ?

    ...

    18 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.