Anthony Pompliano · 2026-08-29 · Anthony Pompliano (host), Jordi Visser
Bitcoin to $1 Million?!
16 claims checked against research: 2 contradicted online 1 overstated 1 needing context 2 supported 8 corroborated online 2 unverified
2 Contradicted by web sources
The correlation between Bitcoin and gold is currently at the highest level it has ever been.
"Bitcoin and gold correlation is the highest it's ever been." (said at 0:42:20)
No published record matching the claim that the correlation between Bitcoin and gold is at its highest level ever was located; this does not prove the claim false.
contradicted by web sourcesFinancial market data and research reports indicate that the 90-day rolling correlation between Bitcoin and gold recently climbed above 50% (around 0.52), which is its highest level since October 2020 and the second-highest on record, rather than an all-time high.
investing.combitbo.iotheblock.co
Japan announced an initiative or target to move completely on-chain by 2030.
"Japan just said they want to be completely on chain by I think 2030." (said at 0:59:08)
No published record matching the claim that Japan announced an initiative or target to move completely on-chain by 2030 was located; this does not prove the claim false.
contradicted by web sourcesJapanese regulators and the Bank of Japan are exploring a project to move the settlement infrastructure for stocks and government bonds onto a blockchain system by the early 2030s. The initiative is limited to wholesale financial market settlements rather than moving the country or its entire economy completely on-chain.
thenextweb.comkucoin.cominspenet.com
1 Overstated
The United States is running a budget deficit of 6% of GDP and has $40 trillion in national debt.
"how can you blame the person in charge now when we're at a 6% deficit and $40 trillion of debt?" (said at 0:16:27)
The claim combines two fiscal statistics for the United States. While the federal budget deficit has recently run at approximately 6% of GDP (averaging between 5.8% and 6.4% of GDP across fiscal years 2023 and 2024), the total US gross national debt had not reached $40 trillion, standing at approximately $34 to $35 trillion in 2024. The $40 trillion figure represents future projected debt levels rather than the actual debt.
1 Needs context
Roman Yampolskiy is a professor at the University of Louisville who coined the term 'AI safety.'
"Roman is a professor at a University of Louisville. He coined the term AI safety." (said at 0:22:52)
Roman Yampolskiy is indeed a professor of computer science and engineering at the University of Louisville. However, regarding the terminology, Yampolskiy specifically introduced and formalized the term "Artificial Intelligence Safety Engineering" (AI Safety Engineering) in a 2012/2013 paper defining safety protocols and engineering guidelines for AI systems, rather than originating the broader concept or phrase "AI safety" in isolation.
2 Supported by research
During the dot-com bubble, Cisco traded at a price-to-earnings (P/E) ratio of 100.
"this is the opposite of the dot-com bubble where Cisco was trading at 100 times P/E and Nvidia's called the Cisco of this time." (said at 0:28:25)
Historical equity and economic analyses of the late 1990s and 2000 dot-com bubble confirm that premier technology and networking equipment leaders such as Cisco Systems traded at triple-digit price-to-earnings (P/E) multiples (around 100x trailing earnings) prior to the market crash in early 2000.
Ethereum is no longer GPU-mined and operates as a proof-of-stake network.
"It is a different thing today, right? It's not GPU-based, it's more proof-of-stake, all that" (said at 0:58:15)
Ethereum transitioned its consensus mechanism from Proof of Work (which relied on GPU-based mining) to Proof of Stake during an upgrade known as 'The Merge' in September 2022. This shift eliminated the requirement for energy-intensive GPU mining and moved the network to validator staking for block validation.
8 Corroborated by web sources
Solana gained 50% month-to-date, representing its largest single-month move since 2024.
"I did highlight that, you know, as of yesterday Solana was up 50% month to date and was the biggest monthly move since 2024." (said at 0:08:20)
No published record matching the claim that Solana gained 50% month-to-date representing its largest single-month move since 2024 was located; this does not prove the claim false.
corroborated by web sourcesCrypto market reports from late August 2026 confirm that Solana surged up to 50% month-to-date, marking its strongest monthly performance since 2024.
decrypt.cofacebook.com
The US stock market capitalization is currently equal to 240% of US GDP.
"The stock market is 240% on its way to 300% of GDP." (said at 0:18:26)
No published record matching the claim that the US stock market capitalization is currently equal to 240% of US GDP was located; this does not prove the claim false.
corroborated by web sourcesFinancial market data and economic reports show that the Buffett Indicator—the ratio of total U.S. stock market capitalization to GDP—climbed to record highs of approximately 240% in mid-2026.
advisorperspectives.comfool.com
Nvidia is generating more than $1 billion in revenue per day.
"Nvidia is now doing more than a billion dollars of revenue per day. I just want to let everyone think about that for a second. $1 billion per day in revenue." (said at 0:27:39)
No published record matching the claim that Nvidia generates more than $1 billion in revenue per day was located; this does not prove the claim false.
corroborated by web sourcesIn its second-quarter fiscal 2027 earnings release, Nvidia reported quarterly revenue of $96.22 billion over 91 days, averaging approximately $1.06 billion per day. Financial analysts and major news outlets widely highlighted that the company has crossed the threshold of generating more than $1 billion in daily revenue.
tradingview.comnvidia.comababnews.com
Elon Musk has estimated the probability of artificial intelligence destroying humanity at approximately 20%.
"where Elon Musk has it as 20% this guy has it as 99.99" (said at 0:24:35)
No published record matching the claim that Elon Musk estimated the probability of artificial intelligence destroying humanity at approximately 20% was located; this does not prove the claim false.
corroborated by web sourcesElon Musk stated at the Abundance Summit in March 2024 and in subsequent appearances that he estimates a 10% to 20% chance that artificial intelligence could destroy humanity or go bad.
businessinsider.comqz.com
The South Korean stock market increased by more than 60%, outperforming nearly every other market globally.
"their market is still up more than almost any other market in the world. And we're talking 60 plus percent." (said at 0:05:50)
No published record matching the claim that the South Korean stock market increased by more than 60% and outperformed almost every other market globally was located; this does not prove the claim false.
corroborated by web sourcesFinancial news outlets and market data report that South Korea's benchmark KOSPI index surged over 60%, driven heavily by AI-related chipmakers, making it one of the top-performing equity markets globally.
moomoo.comkedglobal.comindiatoday.in
OpenAI is using a chip called Jalapeno, which was designed by OpenAI using artificial intelligence.
"Jalapeno was released or is being used by OpenAI. It's not going to disrupt their numbers this year. It's not going to disrupt them next year. But when you go through what happened, for those who don't know, this is a chip designed by OpenAI by AI." (said at 0:38:20)
No published record matching the claim that OpenAI is using or released an AI-designed chip called Jalapeno was located; this does not prove the claim false.
corroborated by web sourcesOpenAI unveiled its first custom in-house inference chip, named Jalapeño, developed in partnership with Broadcom and manufactured by TSMC. OpenAI utilized its own artificial intelligence models, including internal reasoning models and Codex, to accelerate the chip's design, logic verification, and optimization.
codedtrip.comnexforce.ai
United States nominal GDP growth is currently at 6%.
"Nominal GDP right now is 6%, and I think it's understated." (said at 0:44:50)
No published record matching the specific claim that United States nominal GDP growth is currently at 6% (or understated) was located in the scholarly literature; this does not prove the claim false.
corroborated by web sourcesOfficial data from the U.S. Bureau of Economic Analysis (BEA) and macroeconomic reports show that U.S. nominal (current-dollar) GDP growth has been running at approximately 5.5% to 6% on an annualized and year-over-year basis. Full-year current-dollar GDP grew by 6.3% in 2023, with subsequent quarterly nominal growth tracking near the 5% to 6% range.
economy.comapple.comtheovershoot.cobea.gov
Nvidia's market capitalization is approximately twice the total market capitalization of the entire cryptocurrency market.
"This is why I always say Nvidia is almost two times the size of the crypto market cap." (said at 0:38:20)
No published record matching the claim that Nvidia's market capitalization is approximately twice the total market capitalization of the cryptocurrency market was located; this does not prove the claim false.
corroborated by web sourcesFinancial market data indicates that Nvidia's market capitalization reached over $5.2 trillion, while the total cryptocurrency market capitalization hovered between approximately $2.6 trillion and $2.75 trillion. Consequently, Nvidia's valuation is roughly twice the total market capitalization of the entire cryptocurrency asset class.
public.comccn.comcoingecko.com
2 No source found (not proven false)
Over the preceding month, Dogecoin gained 23% while Bitcoin gained 22%.
"Dogecoin is actually up as of right now 23% over the last month and Bitcoin is up 22." (said at 0:08:42)
No published record matching the claim that Dogecoin gained 23% while Bitcoin gained 22% over the preceding month was located; this does not prove the claim false.
no web source foundNo reliable public sources or financial records reference this specific comparative snapshot of Dogecoin gaining 23% and Bitcoin gaining 22% over a one-month timeframe. Because cryptocurrency prices fluctuate continuously, this real-time market observation cannot be verified without a specific date and time reference.
During rate hikes, Federal Reserve Chair Jerome Powell stated that he would not invest in equities, that the Fed does not care about equities, and that they wanted equities to go lower because they were part of the problem.
"You have to remember when Jerome Powell was raising rates, he literally said, I would not invest in equities. We don't care about equities. We want them to go lower because they're a part of the problem." (said at 0:14:21)
No published record matching the claim that Federal Reserve Chair Jerome Powell stated he would not invest in equities, that the Federal Reserve does not care about equities, or that the Fed wanted equities to go lower because they were part of the problem was located; this does not prove the claim false.
no web source foundNo public records, transcripts, or reliable news sources document Federal Reserve Chair Jerome Powell stating that he would not invest in equities, that the Fed does not care about equities, or that the Fed wanted equities to go lower. While market commentators often discussed how the Fed's rate hikes impacted stock valuations, Powell never made the claimed statements.
Unverified means no publication matching the claim was located; it does not prove the claim false. Spotted an error? See the corrections policy - disputes from the people quoted are prioritized.