Anthony Pompliano Predicts Tesla’s Automation Tech Will Spike Stablecoin Adoption: ‘People Don’t Want To Spend Their Bitcoin’
Posted On October 15, 2024
Anthony Pompliano, founder & CEO of Professional Capital Management, sees Tesla’s (NASDAQ:TSLA) latest advancements, including the autonomous Cybercab and Optimus humanoid robots, leading to an uptick in stablecoin usage.
What Happened: In a Pomp Letter on Substack from Oct.11, Pompliano wrote that “Bitcoin (CRYPTO: BTC) will be for saving economic value and stablecoins will be for spending.” Cheaper and faster transactions on the digital rails of stablecoins could be the driver for the same.
Pompliano concluded, “If stablecoins become a big winner from the rise of robotics, then every crypto …
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