Anthony Pompliano Claims Bitcoin Does Not Need the Clarity Act as Bitcoin is Already Clear
Anthony Pompliano claims that Bitcoin does not need the Clarity Act because Bitcoin itself is already clear: it is not a security, is held by hundreds of millions of people worldwide, and this fact will not change regardless of legislation.
He characterizes the Clarity Act as a performative game, stating that the real battle is between the industry and banks over who can earn stablecoin yields, who gets licenses, and who holds regulatory advantages, which pertains to the competition for rules around marginal products, not the survival of Bitcoin. He acknowledges that if the bill passes, it will accelerate Wall Street and political enthusiasm and shorten the time to return to previous highs, but emphasizes that even if it never passes, Bitcoin will still reach new highs.
His other main point is about currency: Bitcoin has no ceiling because the dollar has no floor. As the government continues to print money, as long as the money printing machine keeps running, Bitcoin will continue to rise. He has directly linked price rebounds to expectations of increased Treasury purchases, stating that "money printing will not stop," and has framed Bitcoin's 21 million hard cap within the context of "smart excess, dollar excess, and rising scarcity premiums."
He summarizes the retail path as: in the past, everyone said, "Maybe I should buy a little first, just in case it really takes off." This statement points to a shift from observation to precautionary holdings, rather than a single trading signal.
In terms of funding structure, buying pressure comes from long-term funds treating Bitcoin as a savings account and hedging against fiat currency dilution, as well as institutions viewing regulatory implementation as a risk premium compression; selling pressure comes from short-term funds treating the bill as a binary option and cashing out trading positions after the bill fails. Event-driven factors have a stronger impact on altcoins, exchange licenses, and stablecoin yield products, while the impact on Bitcoin is weaker. Benefiting are Bitcoin itself, which has been classified as a commodity, can be self-custodied, and can be included in spot ETFs; under pressure are intermediary businesses that still need Congress to clarify the boundary between securities and commodities for scaling.
After the Clarity Act failed to pass the 60-vote threshold in the Senate with a vote of 49 to 50, Bitcoin trading continues to be influenced by dollar dilution and supply caps, rather than the outcome of a market structure bill vote.
Source: Public Information
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Pompliano's path has evolved from being part of Facebook's growth team, early mining, and public endorsements, to Professional Capital Management, and then advancing ProCapBTC as a Bitcoin treasury vehicle benchmarked against strategies, aiming to turn narratives into fundable balance sheet tools. He has long redefined Bitcoin from a speculative asset to a "savings account," while viewing the dollar as a "checking account," and has repeatedly lobbied the government to include Bitcoin on official balance sheets. The controversy lies in his compression of nearly all macro noise into a single money printing curve, with timelines often contradicted by price pullbacks, yet his positioning logic remains unchanged.
Capital mobilization does not wait for the bill's approval to enter the market; instead, it first uses media, podcasts, and treasury structures to create tradable exposures, then allows ETFs, corporate treasuries, and potential sovereign reserves to absorb supply. The motivation is to secure entry into "scarce digital collateral": whoever locks Bitcoin into long-term balance sheets first will pay less dilution tax in the next round of fiat expansion. Specific actions include equity and convertible bond fundraising to buy Bitcoin, mirroring Saylor's strategy of continuously absorbing floating capital.
Similar structures have already emerged. MicroStrategy has transformed itself into a Bitcoin leverage layer; BlackRock has opened compliance channels with spot ETFs; Tether has used stablecoin reserves to absorb Bitcoin and U.S. Treasuries. The industry phase has shifted from "Should we recognize it as an asset?" to "Who has the right to build a settlement layer alongside the dollar system?" Bitcoin has completed its classification, while stablecoins and trading platforms are still vying for licenses.
Structural judgments pertain to the transfer of pricing power. The Clarity Act targets intermediary licensing but does not affect the issuance rules of the 21 million Bitcoin. The mechanism is: when an asset's legal identity is established before legislation is completed, legislation degrades from a survival condition to an emotional accelerator; the true pricing is determined by the elasticity of fiat supply relative to hard supply assets. The failure of the bill changes the product radius for platforms like Coinbase, not Bitcoin's monetary attributes.
ABAB News · Cognitive Laws
Established assets do not rely on legislation for survival; intermediaries do.
When fiat has no floor, hard supply assets are unlikely to have a ceiling.
People first say, "Buy a little just in case," then are forced to rephrase it as allocation.