Bitcoin Is More 'Global Insurance' Than Gold, Anthony Pompliano Says

BY Benzinga | ECONOMIC | 03/10/26 10:20 AM EDT

Professional Capital Management CEO Anthony Pompliano on Monday said Bitcoin (CRYPTO: BTC) is proving more resilient than gold and increasingly acting as a global hedge amid economic uncertainty.

Bitcoin As ?Global Insurance'

In a CNBC interview, Pompliano reiterated his bullish stance on Bitcoin, arguing the asset is holding up well despite global economic uncertainty.

Pompliano described Bitcoin as a form of "global insurance" during periods of financial stress.

While Gold has historically served as a store of value, he said Bitcoin's divisibility, portability and resilience make it a superior asset over time.

He added that younger investors and institutional portfolio managers are increasingly adopting Bitcoin, helping accelerate capital inflows into the asset.

Pompliano also noted that Bitcoin exchange-traded funds have reached adoption levels in less than two years that took gold ETFs roughly 15 years to achieve, highlighting the speed of institutional acceptance.

Is Bitcoin Really A Risk-On Asset?

Pompliano pushed back against the idea that Bitcoin should be viewed purely as a risk-on asset, arguing that broader macroeconomic forces are shaping markets.

He said deflationary pressures, including tariffs, deportations, artificial intelligence and robotics, may have a greater long-term impact on the economy than inflation concerns.

While short-term oil price spikes can still affect markets, Pompliano believes the larger structural risk facing the global economy is deflation rather than inflation.

He also noted that housing prices may already be showing deflationary trends in real-time data and that the U.S. economy is becoming less dependent on oil, reducing the long-term inflation impact of energy price shocks.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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