Bitcoiners Knew the US Economic Numbers Were Off

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US Economic Numbers Are Off? Bitcoiners Say They Knew All Along

Written by Aaron S.,

Editor-In-Chief

Last Updated: April 14, 2025

Key Takeaways

Anthony Pompliano said Bitcoin holders were early in spotting flaws in US economic data and used it to their advantage;
He believes many analysts still rely too heavily on official numbers, especially when assessing Trump-era tariffs;
Even Treasury Secretary Scott Bessent admitted he does not fully trust US economic reports.

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US Economic Numbers Are Off? Bitcoiners Say They Knew All Along

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People in the Bitcoin BTC $88,281.92 community were among the first to question how reliable US economic figures really are.

According to Anthony Pompliano, founder and CEO of Professional Capital Management, they noticed problems early and found ways to benefit financially if their doubts were correct.

In a post on X shared on April 12, Pompliano said that many in the finance industry continue to rely on official numbers, which he believes are misleading. He argued that this trust in government data is why so many get their analysis wrong, especially when it comes to tariffs introduced under President Donald Trump.

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Pompliano also pointed to inflation rates, job data, and GDP figures as areas where the numbers may not reflect the full picture. He believes more people will eventually see these issues for themselves.

In a March 20 post on LinkedIn, he highlighted comments made by US Treasury Secretary Scott Bessent on the All-In podcast. When asked if he trusted the country’s economic data, Bessent replied, "no".

Pompliano brought this up to show that even high-level officials have doubts. He added that instead of relying only on reports, people should also pay attention to real-life experiences.

Greg Cipolaro, head of research at New York Digital Investment Group (NYDIG), recently stated that crypto prices remained mostly stable during President Trump’s shifting tariff plans. How? Read the full story.