Bitcoin will protect the wealth that AI creates: Pompliano

AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.

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Bitcoin (BTC) will be the preferred asset to secure wealth created from AI over the next decade, says Bitcoin bull and venture capitalist Anthony Pompliano.

“We are going into this automated world where AI is going to create enormous amounts of wealth, and Bitcoin is going to protect that wealth,” the Pomp Investments founder explained to CNBC in a June 24 interview.

Pompliano dismissed the idea that AI has come in and replaced Bitcoin and the broader cryptocurrency industry as the new hot tech trend, explaining that the two technologies will instead work in tandem over the next 10-years.

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