Anthony Pompliano Predicts the Role of Artificial Intelligence and Bitcoin in Wealth Creation
Technology investor Anthony Pompliano once again shared his thoughts on the future of Artificial Intelligence (AI) and Bitcoin (BTC) on Squawk CNBC.
Artificial Intelligence Investment Will Affect Bitcoin Price
Pompliano reminded that before this, many people’s focus was on Bitcoin and the overall crypto ecosystem. Nowadays, attention has turned to artificial intelligence, and Pompliano does not think the main thing is harmful. Rather, he thinks there is a common intersection where both innovative technologies can coexist. This is a feeling that many people cannot understand.
The investor stated that the world is moving towards an age of automation where artificial intelligence will create enormous wealth. According to Pompliano’s statement, when this era becomes a reality, Bitcoin’s responsibility will include protecting wealth from artificial intelligence. He believes that the decline in Bitcoin price is a result of investors’ decision to invest their funds in artificial intelligence. Notably, at the time of writing, BTC was trading at $60,379.22, a decline of 5.82% in the last 24 hours.
Additionally, Pompliano thinks investors will turn to Bitcoin as AI expands and grows with more investments. When this happens, he sees the United States experiencing GDP growth resulting from the efficiency of AI. Bitcoin’s capacity to take part in this potential massive manifestation of artificial intelligence could enable the coin’s price to recover.
The technology investor noted the decline in BTC price, stating that it was a good time to buy more coins.
The Collide of Artificial Intelligence and Blockchain Technology
This sentiment is echoed in an earlier post by Robert Kiyosaki, author of “Rich Dad Poor Dad.” The serial entrepreneur talked about his decision to acquire more Bitcoin during this big sell-off period.
Kiyosaki stated that he would prefer to take advantage of the price decline to increase his Bitcoin holdings. Therefore, he expects to buy more Bitcoin and then plans to hold his assets “forever,” similar to Warren Buffett’s strategy.
Pompliano’s talk about the intersection between AI and Bitcoin may not be too far off. The past few months have seen a variety of integrations between AI and blockchain technology. Even Reddit co-founder Alexis Ohanian has promoted a theory about the potential collision of AI and blockchain. He says that both technologies are approaching a time when they will “collide” and then reinforce each other.
just a few weeks after his theory went viral, BytePlus, a unit of TikTok owner ByteDance, hinted at plans to partner with Mysten Labs. The purpose of this connection is to integrate artificial intelligence algorithms into sui Blockchain.
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Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about real-life applications of blockchain technology and innovations to ensure mainstream acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain-based media and sites. Benjamin Godfrey is a lover of sports and agriculture. follow him excitementLinkedIn
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