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Anthony Pompliano forecasts the impact of AI and Bitcoin on wealth generation

Exciting news from tech investor Anthony Pompliano as he shares his latest insights on the future of Artificial Intelligence (AI) and Bitcoin (BTC) on Squawk CNBC.

Discovering the Impact of AI on Bitcoin

Pompliano points out the recent shift in focus from Bitcoin to AI within the technology space. However, he believes that both AI and Bitcoin can coexist harmoniously instead of being seen as competitors. This unique perspective is not widely understood, but Pompliano stands by it.

He predicts a future where AI will generate significant wealth, and Bitcoin’s role will be to safeguard this wealth from AI-related risks. Pompliano suggests that the recent drop in Bitcoin’s value is due to investors shifting their focus towards AI investments. As of now, BTC is valued at $60,379.22, recording a 5.82% decrease in the past 24 hours.

Pompliano anticipates that as the field of AI expands and attracts more investment, there will be a renewed interest in Bitcoin from investors. This surge in interest could potentially boost the economic growth of the United States through AI productivity. The ability of Bitcoin to complement the AI landscape might lead to a price recovery for the coin.

Notably, Pompliano recommends taking advantage of the current dip in Bitcoin prices to accumulate more of the digital asset.

Convergence of AI and Blockchain Innovations

This perspective aligns with Robert Kiyosaki’s recent strategy to accumulate more Bitcoin during market downturns. Like Warren Buffet, Kiyosaki plans to hold onto his Bitcoin investment for the long term.

Pompliano’s observations on the potential synergy between AI and Bitcoin are reinforced by recent developments indicating a fusion of AI and blockchain technologies in various projects. Even influential figures like Reddit co-founder Alexis Ohanian have hinted at a future where AI and blockchain technologies will intersect and reinforce each other.

Within weeks of Ohanian’s theory, BytePlus, a division of ByteDance (owner of TikTok), announced a collaboration with Mysten Labs to integrate AI algorithms into the Sui Blockchain.

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