Bitcoin bull Anthony “Pomp” Pompliano may have just persuaded Jim Cramer, the outspoken host of CNBC’s Mad Money, to invest in crypto.
In a Sept. 10 tweet, Pomp claimed to have converted the man who once stated that Bitcoin (BTC) was like “Monopoly money” in a recording of his podcast, scheduled to be released on Sept. 14. His statement appears to have been confirmed by Cramer, who retweeted Pompliano immediately.
Anthony Pompliano is well known for a podcast in which he educates laymen and outright skeptics regarding cryptocurrency and Bitcoin. In a July appearance on the Bill Bert Podcast, he successfully convinced comedian Bill Burr to buy Bitcoin and his co-host Bert Kreischer to consider mining.
On Cramer, Pomp stated that “he understands the benefit of Bitcoin better than most.”
“You can always rely on Pomp to dumb it down enough for the finance guys to get it,” said Reddit user Leading_Zeros.
Cramer at one point stated that the BTC price could eventually reach $1 million. However, the CNBC host was also an outspoken Bitcoin critic prior to the 2017 boom, saying that “short selling is just going to annihilate people when you can start trading it.”