Anthony Pompliano
π€ SpeakerAppearances Over Time
Podcast Appearances
And global central banks are not providing enough broad money or banks are not creating enough loans to use the system.
And therefore, Bitcoin, which is the most credit sensitive asset out there, has fallen.
I think so.
Even if whatever happens in the Iran situation, I think if you ended the war today and we went back to February 26th and 27th, does Bitcoin go to 100,000 just because the war ended?
I don't think so.
I think we still have this AI issue.
And this is a very, very big issue because you're basically saying, what is the value of human labor, especially in a very flexible economy like the United States and some parts of Western Europe?
I've got anecdotal stories of friends who are firing half the company because they're like, well, what do I need these people for?
The mediocre, the average, the 50th percentile and below engineer is not needed anymore.
My rock star is 10 to 200x more productive using an orchestrated team of properly prompted agents.
So it's really sad that these very well-paid and very smart people no longer have a job, but
I, as a business, can't move forward with all this dead weight when I literally have increased my output so much and it costs me, you know, a thousand dollars a day or whatever it is that you're spending on tokens on a cloud instance.
How are you dealing with this?
I mean, I think probably 90-something percent of my net worth is Bitcoin.
And how do I deal with it?
Don't do anything.
You said 9-0?
Yeah, 9-0.
It goes up, it goes down.
The number on the screen says however many dollars value.