Pompliano Sees Bitcoin as AI's Currency of Choice

Anthony Pompliano, founder of Pomp Investments, believes that Bitcoin will be crucial for securing wealth generated by artificial intelligence (AI). He shared this view in a CNBC interview on June 24. According to him, AI and Bitcoin are complementary technologies over the next decade.

Pompliano argues that Bitcoin will serve as a protective measure for the new wealth expected from AI. He notes that money is needed to secure it, and he asks, 'An easy way to see the intersection is what money are these machines going to use?'

Despite the recent 15% price drop to $59,086 on June 23, Pompliano remains unfazed, citing historical patterns of sideways trading in Q2 and Q3, especially in halving years.