from Anthony Pompliano 🌪 | by Anthony Pompliano 🌪

I have said for years that I believe "Long Bitcoin, Short the Bankers" will be the trade of our generation. Let's check in on the progress over the last 5 years 🧵

Bitcoin is up 140% in the last 5 years.

Wells Fargo is down 26% in the last 5 years.

Bank of America is down 6% in the last 5 years.

JP Morgan Chase is up 15% in the last 5 years.

Citigroup is down 34% over the last 5 years.

US Bancorp is down 23% over the last 5 years.

PNC is down 14% over the last 5 years.

Past performance does not indicate future performance. Not financial advice & things can change. But it appears that we are in a secular transition from legacy finance to a new digital financial world. These transitions take decades to play out, but appears still on track.