Bitcoin will protect the wealth that AI creates: Pompliano

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Bitcoin will protect the wealth created by AI machines over the next decade, predicts Pomp Investments founder and Bitcoin bull Anthony Pompliano.

AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.) will be the preferred asset to secure wealth created from AI over the next decade, says Bitcoin bull and venture capitalist Anthony Pompliano.

“There’s a potential that GDP will actually increase because of the productivity from AI and then Bitcoin being able to protect a lot of this wealth,” Pompliano said. “I think that people looking at this as what’s going to happen day-to-day or week-to-week are missing this huge tailwind for the next decade.”

But Pompliano isn’t bothered by the current 15% price fall, pointing out that several price pullbacks of 30% or more typically occur in bull markets.

 

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