The partner and co-founder of the Morgan Creek Digital VC fund Anthony Pompliano often appears in CNBC shows to speak about Bitcoin as an investment asset or to try and convince old-school investors that BTC is worth working with.
Pompliano (often called simply Pomp) also records regular podcast interviews with big names in the crypto sphere. In his tweet earlier today, he stated that Bitcoin’s fundamental factors are getting stronger.
However, the community’s responses split, showing that not all crypto enthusiasts believe in Bitcoin’s positive future as the leader of the crypto market.
Bitcoin’s fundamentals continue to get stronger and stronger.— Pomp 🌪 (@APompliano) September 12, 2019
BTC hashrate is the major discussion subject
Different opinions came in the comment thread, with Bitcoin hashrate getting to be the main subject for discussion. One of the Pomp’s followers pointed out that Bitcoin’s hashrate has grown 8 times since the BTC all-time high back at the end of 2017.
Bitcoin's hashrate is now 8 times larger than it was during price's all-time high of $20,000 in 2017. 🔥— Rhythm (@Rhythmtrader) September 12, 2019
Some disagree, though, saying that, in their view, hashrate is a thing of the past.
Cool story. Hash rate is a thing of the past.— 🔥Bull Run Wonka🔥 (@WillyWonkaXRP) September 12, 2019
An XRP fan pointed out that Bitcoin has more drawbacks than advantages compared to other crypto, including the fact that verification of transactions on the BTC chain are slow and can take a long time to settle.
Please name those vague fundamentals.— 🔥Bull Run Wonka🔥 (@WillyWonkaXRP) September 12, 2019
-China Controlled 🇨🇳
-Wasteful Energy Losses
-Coal Powered mining ⛏
-One person/government owns 1 million out of 21 million max supply
-Not scalable for the masses
-The first blockchain isn’t best
Pomp suggests McDonalds should take BTC
On Wednesday, Anthony Pompliano posted a massage on his Twitter page, trying to see how many of his followers agree that McDonald's should start taking Bitcoin.
Retweet if @McDonalds should accept Bitcoin 🙏🏽— Pomp 🌪 (@APompliano) September 11, 2019
The discussion in the comment thread was long enough but XRP fans insisted that McDonald's should accept a faster crypto, like XRP, since Bitcoin transactions are too slow and the food would get cold while they are getting confirmed.
Earlier, it was reported that McDonald’s rival Burger King in Germany is about to start accepting BTC.
Only if it's executed through the xrp ledger. Otherwise food would get cold waiting for bitcoin to settle 😉— XRP Mad Turk (@KivrakMetin) September 11, 2019
I don’t want to wait 10 minutes to pay for a cheeseburger that costs $1,000 in 2024 money.— Edge of Jupiter (@edge_of_jupiter) September 11, 2019