Bitcoin to Fuel AI Wealth Generation as Pomp Investments Sees Bull Market Opportunity
Bitcoin may soon become the go-to currency for artificial intelligence (AI), according to Anthony Pompliano, founder of Pomp Investments. In a recent interview with CNBC, he explained that AI and Bitcoin are complementary technologies that will converge in the next decade.
Pompliano believes that as AI generates wealth, Bitcoin will serve as a protective measure for this new wealth. 'An easy way to see the intersection is what money are these machines going to use?' he stated.
Despite recent market volatility and a 15% price drop, Pompliano remains unfazed, noting that 30% or greater pullbacks are common in bull markets.