Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest, April 27 – May 3
Bitwise says its “in house” prediction for Bitcoin is $1 million by 2029, deputy CIA director says Bitcoin “here to stay” — Hodler’s Digest
The US Central Intelligence Agency is increasingly incorporating Bitcoin as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agencys deputy director, told podcast host Anthony Pompliano.
In an appearance on the market analyst and investors The Pomp Podcast show, Ellis told Pompliano that the intelligence agency works with law enforcement to track BTC, and it is a point of data collection in counter-intelligence operations. Ellis added:
Bitcoin is here to stay cryptocurrency is here to stay. As you know, more and more institutions are adopting it, and I think that is a great trend. One that this administration has obviously been leaning forward into.
