Wondering how much 1 bitcoin is worth today? As of this writing, it's around $61,134.23 (subject to change). Venture capitalist Anthony Pompliano, a vocal Bitcoin supporter, believes Bitcoin has a much bigger role to play in the future—specifically, safeguarding the vast amount of wealth that artificial intelligence (AI) is expected to generate.
In a recent interview, Pompliano argues that AI and Bitcoin will work together, not compete. AI advancements are expected to boost economic output, and Bitcoin will safeguard this newfound wealth, he suggests. He emphasizes the long-term potential, urging investors to look beyond short-term market fluctuations.
Pompliano raises an interesting question: with AI on the rise, what currency will these intelligent machines use?
While Bitcoin faces a temporary dip due to recent events—Mt. Gox's planned sale and outflows from Bitcoin ETFs—Pompliano remains optimistic. He highlights that historical bull markets experience corrections, and he anticipates a price recovery later this year or early next year, following a similar pattern observed in previous halving cycles.
