According to Anthony Pompliano, AI and Bitcoin are part of a larger decade-long trend — and here’s why.

Anthony Pompliano, founder of venture capital firm Pomp Investments, predicts that Bitcoin (BTC) will benefit from artificial intelligence (AI) over the next decade.

In a new interview with CNBC, Pompliano said that wealth generated from the AI ​​sector could flow into Bitcoin as the preferred store of value asset.

“A few years ago it was all about Bitcoin and cryptocurrency. Now a lot of people are talking about AI. But I think people miss the point that these are actually part of the same trend. We’re going into an automated world, AI is going to create a ton of wealth, and Bitcoin is going to protect that wealth… People are putting capital into it, they’re investing in Bitcoin and cryptocurrency, and now they’re starting to move into AI. They’re going to invest in that, but it’s not like Bitcoin is going to go up 50% or down 50%.

As AI gets bigger, the wealth that will be created will grow, and people will want to protect that wealth. And I think they will come back to Bitcoin. So my guess is that AI and Bitcoin are both trends of the last decade. We have a big tailwind. And the good news for the U.S. is that GDP could actually increase because of AI productivity and Bitcoin being able to protect a lot of this wealth. I think people who are looking at this as what’s going to happen day to day or week to week are missing out on this big tailwind for the next decade.”

At the time of writing, Bitcoin was trading at $60,859, down more than 5% in the past 24 hours.

Generated image: On the road