Crypto expert reacts to Elon Musk's reversal on accepting bitcoin

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Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. Anthony Pompliano, founder and partner at Pomp Investments, joined "Squawk Box" on Thursday to discuss. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

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