One question has haunted my investment strategy for years: What is cryptocurrency actually for? It feels as though the vibes are constantly shifting — one day it’s the dollar’s successor, and the next it’s little more than a meme. My guest this week is bitcoin evangelist Anthony Pompliano, the chief executive of ProCap Financial. We get into whether crypto is a bet against the American empire and whether its volatility is actually a strength.
<ul>
 <li>0:00 - Intro</li>
 <li>01:27 - Physical to digital: The evolution of financial assets</li>
 <li>05:00 - The wealth inequality gap</li>
 <li>09:58 - The global adoption of crypto</li>
 <li>14:51 - Bitcoin vs. Ethereum</li>
 <li>20:26 - Why "stability" is a financial lie</li>
 <li>29:30 - A “digital savings account”</li>
 <li>41:57 - The role of Bitcoin in political dynamics</li>
 <li>56:05 - “A bet against America”</li>
</ul>
(A full transcript of this episode is available on the Times website.)
Thoughts? Email us at interestingtimes@nytimes.com. Please subscribe to our YouTube Channel, <a href="https://www.youtube.com/@InterestingTimesNYT" rel="noopener noreferrer">Interesting Times with Ross Douthat</a>.
<blockquote>Subscribe today at <a href="http://nytimes.com/podcasts">nytimes.com/podcasts</a> or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here <a href="https://www.nytimes.com/activate-access/audio?source=podcatcher">https://www.nytimes.com/activate-access/audio?source=podcatcher</a>. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.</blockquote> Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

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