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…

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