Bitcoiners Call Out Flawed U.S. Economic Data – And They’re Not Alone Anymore
0
0

Bitcoin supporters have spent years pointing out that the U.S. government’s economic reports may not reflect reality and don’t tell the whole story. Now, it looks like the rest of the world is starting to catch up. According to prominent Bitcoin investor and entrepreneur Anthony Pompliano, Bitcoiners were among the first to question the reliability of U.S. economic data—and they’ve been quietly preparing for the fallout ever since.
“We Knew Something Was Off”
In a recent post on X, Pompliano argued that Bitcoiners “were the first large-scale group to realize the economic data was wrong,” adding that they “figured out a way to financially capture upside if they were right.”
He’s not just throwing shade. Pompliano pointed to a telling moment from a March episode of the All-In podcast, where U.S. Treasury official Scott Bessent was asked if he believed the economic numbers the government puts out. His answer? A simple but firm “no.”
For Pompliano, that was all the confirmation he needed. “Even the Treasury Secretary doesn’t believe the data anymore,” he said. “This isn’t just about being contrarian. It’s about listening to what people on the ground are actually experiencing—and comparing that to the numbers we’re being fed.”
Inflation, Debt, and the Case for Bitcoin
One of the key data points Bitcoiners have long questioned is the official inflation rate. While government stats suggest inflation has cooled, many Americans still feel the squeeze at the grocery store, the gas pump, and even in rent prices. Meanwhile, the national debt is soaring—adding a trillion dollars roughly every 100 days.
Pompliano believes this debt-fueled spending is slowly eroding the value of the dollar, and Bitcoin offers a lifeboat. “Every time the government prints more money, your purchasing power goes down. But Bitcoin’s supply is fixed,” he explained in a previous interview. “That’s why more people are using it as a hedge against inflation.”
A Global Bitcoin Grab Is Underway
It’s not just retail investors buying Bitcoin. Governments and institutions are quietly doing the same. Pompliano called it a “global race for Bitcoin,” noting that countries like El Salvador and Bhutan have started accumulating BTC for their national reserves.
Back in the U.S., some states are following suit. Florida and Pennsylvania, for example, have begun exploring Bitcoin-friendly legislation, while others are considering integrating Bitcoin into their own financial operations.
Pompliano believes this is just the beginning. “If you’re in government—local, state, or federal—you should be figuring out how to get Bitcoin on your balance sheet now,” he said.
Bitcoin Decoupling from Wall Street?
Interestingly, Bitcoin is starting to show signs of breaking away from traditional markets. While U.S. stocks recently took a hit amid tariff concerns and recession fears, Bitcoin held steady and even gained. That’s a big deal and might just be the smart play.
The post Bitcoiners Call Out Flawed U.S. Economic Data – And They’re Not Alone Anymore appeared first on Coinfomania.
0
0
Securely connect the portfolio you’re using to start.