This is where I find twitter sentiment useful, it gives you something to invert for cross-examination.
If AI sews doubts into Bitcoin, the inversion is that AI raises conviction in Bitcoin.
The latter was sentiment, for little while, but sentiment is bi-polar to extremes especially on xitter
can vibe code more Bitcoin apps / enhance UX
agents will transact in Bitcoin
reduced information asymmetry leads more people to the apex money
These were all fairly consensus talking points within Bitcoin a year or so ago... now we have their bear market inversion that boils down really to one point:
investment is chasing other things (investment being a catch-all including startups time and attention)
Crash-outs and shitforks aren't new in Bitcoin, nor related to AI, so not sure how 110 fits in nor why people are so fascinated by it. Anti-110 people seem more obsessed with it than the 110 people themselves. I can only assume this is due to bear-market boredom and/or a distraction from a softening conviction, with virtue stoking to ease the pain. Anti-110 obsessives just seem desperate for a win, and it'll be as quickly forgotten as bcash was with a little price action.
There's been discussion here lately about Bitcoin podcast burn-out, everything is repetitive and lame. That's true and has been for years imo.
I did however, coincidentally last night, stumble on to a Mark Moss episode with someone I haven't seen before. Seems he only started producing Bitcoin content this year, and articulated fairly well my intuitions and why I'm still firmly in the AI raises conviction in Bitcoin camp.
TLDR: Bitcoin is the one thing AI cannot disrupt. The easy part of the AI trade is over, token costs down 90% yoy changes ROI potential on infra investment. AI and tokenization accelerates price discovery of companies. The SaaS-pocalypse is only the tip of the iceberg, multiple compression is inevitable as future cash flows are uncertian in an era of disruption and rapid price discovery. Bitcoin on the other hand is certain.
This is where I find twitter sentiment useful, it gives you something to invert for cross-examination.
If AI sews doubts into Bitcoin, the inversion is that AI raises conviction in Bitcoin.
The latter was sentiment, for little while, but sentiment is bi-polar to extremes especially on xitter
These were all fairly consensus talking points within Bitcoin a year or so ago... now we have their bear market inversion that boils down really to one point:
Crash-outs and shitforks aren't new in Bitcoin, nor related to AI, so not sure how 110 fits in nor why people are so fascinated by it. Anti-110 people seem more obsessed with it than the 110 people themselves. I can only assume this is due to bear-market boredom and/or a distraction from a softening conviction, with virtue stoking to ease the pain. Anti-110 obsessives just seem desperate for a win, and it'll be as quickly forgotten as bcash was with a little price action.
There's been discussion here lately about Bitcoin podcast burn-out, everything is repetitive and lame. That's true and has been for years imo.
I did however, coincidentally last night, stumble on to a Mark Moss episode with someone I haven't seen before. Seems he only started producing Bitcoin content this year, and articulated fairly well my intuitions and why I'm still firmly in the AI raises conviction in Bitcoin camp.
Jordi Visser https://youtu.be/1yg1YzZU9X8?si=ba_RbD5iUeivsWEv
TLDR: Bitcoin is the one thing AI cannot disrupt. The easy part of the AI trade is over, token costs down 90% yoy changes ROI potential on infra investment. AI and tokenization accelerates price discovery of companies. The SaaS-pocalypse is only the tip of the iceberg, multiple compression is inevitable as future cash flows are uncertian in an era of disruption and rapid price discovery. Bitcoin on the other hand is certain.