Govts fighting cryptocurrencies will be left behind: Anthony Pompliano

Cryptocurrencies are a new, powerful innovation that can create significant inflection points for humanity, says Anthony Pompliano

On Thursday, the Reserve Bank of India (RBI) banned regulated financial institutions from working with any company dealing in digital currencies, thereby effectively banning cryptocurrencies in the country. The move triggered a price crash in bitcoin. As all of this was unfolding, Anthony Pompliano, general partner at Morgan Creek Capital Blockchain in the Silicon Valley, took to Twitter and said he would fly down to India and meet the prime minister, RBI governor or even the president, if someone set up a meeting, and explain to them the “negative effects of the RBI decision”. Pompliano shares his views on cryptocurrencies