4.8 • 1.9K Ratings
🗓️ 8 October 2025
⏱️ 38 minutes
🧾️ Download transcript
Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation we talk the debasement trade, bitcoin vs gold, why everyone seems to be getting rich while the government is going broke, Ken Griffin & Paul Tudor Jones being so excited about the market, and what the $2 billion Polymarket deal means for the future.
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| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp |
| 0:07.7 | podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, |
| 0:21.1 | and tell your friends and family about the podcast. My goal is to help millions learn from the |
| 0:26.5 | world's most interesting people. So let's get in to today's episode. Anthony Pompliano |
| 0:31.3 | runs Pomp Investments. All views of him and the guests on his podcast are surely their |
| 0:36.3 | opinions and do not reflect the |
| 0:38.0 | opinions of pomp investments. You should not treat any opinion expressed by pomp or his |
| 0:42.7 | guest as a specific inducement to make a particular investment or follow a particular strategy, |
| 0:47.4 | but only as an expression of his personal opinion. This podcast is for informational purposes |
| 0:52.7 | only. Gold may actually be like $8,000 to $10,000 an ounce |
| 0:57.4 | if Bitcoin didn't exist. What do you think? All roads lead to Bitcoin, right? In my opinion, |
| 1:02.8 | that's why people also have said, you know, within the crypto VC industry, like all coins |
| 1:07.7 | have been, you know, on the margin great because at some level, those who find success in all coins eventually allocate some portion back to Bitcoin, regardless. Wealth creation leads to Bitcoin as part of the denominator. And so in some sense, gold is also an all coin in my opinion, because what's going on, guys? Today we got a great episode with Jeff Park. Jeff is the CIO at ProCPat BTCC. And in this conversation, we talk about the debasement trade, why governments are going broke, but everyone else seems to be getting rich. What's going on with Paul Tudor Jones, Ken Griffin, and many others being so excited about the market. And then we talk about the polymarket and the ice deal, where $2 billion is being invested into a polymarket and what that means for prediction markets, news and entertainment in America. Here's my latest conversation with Jeff Park. All right, Jeff, big week for us to talk through. You had a great tweet, though, before we get to the current events that is important to talk about, you said, has there ever been a time in history where the government went broke and everyone else got rich? Which I think it's just like a very good visual as to what seems to be happening right now with the U.S. government and all of these investors. Has there ever been another time like that? Like, how do you think about this current situation we're in? Isn't that funny? I feel like the first time we had a U.S. government shutdown, I remember vividly people were freaking out about U.S. credit downgrades and the market would have huge sell-offs. And then, of course, it would quickly bounce back. But there was this location. There was heightened |
| 2:20.1 | volatility and there was a lot of drama. Now, it's actually kind of amazing how much of it has |
| 2:26.3 | become part of our social fabric and accepting that government shutdowns is a way of life. |
| 2:31.2 | Volatility has not gotten higher. Equities are still rallying and the world is |
| 2:35.5 | moving on. And I thought how amazing that would be in the context of the big picture here actually |
| 2:41.7 | being that only the U.S. government shut down, but really, you know, which government didn't shut |
| 2:46.5 | down in the world? China, right? Like, China is a government that has actually never shut down, and it works every single day. |
| 2:54.7 | And I thought maybe there's something there as a story that we need to understand as Americans. |
| 2:59.5 | The other thing that kind of took off this week, I don't know if you were following it on Twitter, |
| 3:03.1 | was they had this great release of a new bridge they built, the Huanjiang bridge, |
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