AI Changes Bitcoin's Value

According to Jordi Visser, robots and agents will be taxed in the future, a natural change in a world where founders own most of their business equity.

This raises the need for a new tax system different from the existing labor-centric economic model.

As AI increasingly threatens the value of fiat currency, the attitude of the top 1% of asset holders, who were content with the existing financial system, is changing. They had previously ignored Bitcoin, satisfied with protecting their assets, but considering human greed, they believe the point at which the $900 trillion currency system is threatened is not far off.

Europe is cited as an example, where asset returns could be 0% for 17 years, and these individuals state they are content with the current situation without Bitcoin.

However, Jordi Visser believes that demand for Bitcoin will emerge once AI begins to impact all fiat currencies, totaling $900 trillion.

Investment profit opportunities diverge based on the ability to deeply integrate AI into actual work, beyond simple search tool usage.

Investors who fail to leverage AI, which has grown exponentially in the past 12 months, will lose future profit opportunities.

The ability to utilize AI technology for actual problem-solving and efficiency enhancement, beyond mere information retrieval, is becoming crucial.

This difference in AI utilization capability is analyzed to be a major factor determining winners and losers in the investment market long-term.

Through Muse, an AI agent tool specialized in cost reduction, complex subscription services can be automatically canceled.

The cryptocurrency system acts as core infrastructure supporting agent-based transactions, and tokenization becomes an essential medium for agents to execute transactions.

Managing financial transaction speed and increasing cost-efficiency are key objectives of combining AI and cryptocurrency, presenting a case of maximizing efficiency by automating 17 transactions.

Since the devaluation of currency and yen intervention in late July, Bitcoin's upward trend has begun, reflecting expectations of currency depreciation.

Even as gold prices decline, Bitcoin remains near its peak, exhibiting characteristics of an asset that moves independently of external factors such as interest rate hikes.

Bitcoin holding its peak despite policy uncertainty and trading liquidations signifies its establishment as a value asset beyond tech stocks.

Micron's estimated earnings per share (EPS) for late 2026 have surged from a past $10 to $71, indicating a significant misjudgment by experts.

The explosive growth of inference technology not being adequately reflected in prediction models was the main reason for this failure.

Jordi Visser anticipates that such unpredictable growth in AI infrastructure will critically influence the future of the cryptocurrency ecosystem.

Existing investors had already made enormous profits from long positions in large tech stocks, so they did not feel immediate attraction to Bitcoin.

Bitcoin's price relative to Mag7 is currently similar to 2016-2017 levels, and for its market capitalization to grow to hundreds of trillions of dollars, a fundamental skepticism towards existing financial assets is prerequisite.

During 2021-2022, a large influx of venture capital (VC) funds into the cryptocurrency market occurred, but concerns over technology regulation grew, leading VCs to adopt libertarian tendencies.

The opposition to interference from the wealthy and the desire for participation from marginalized groups are creating political conflicts between the far right and far left.

Political and social polarization is reflected in the stagnation of the cryptocurrency market and resistance from those excluded by technology.

Ultimately, AI and cryptocurrency have the potential to bypass the dominance of large corporations and drive positive social change.

During 2021-2022, the cryptocurrency market, flooded with Wall Street money, was a typical bubble case with excess liquidity concentrated in FTX and Galaxy. Jordi Visser defined a bubble as an imbalance where supply overwhelms demand, pointing out that from an investment perspective, oversupply is a key factor in creating bubbles. The cryptocurrency market in 2021-2022 was a classic bubble where Wall Street funds flowed into specific companies like FTX and Galaxy, leading to an oversupply relative to demand.

The cryptocurrency market from 2021 to 2022 is regarded as a typical bubble case where Wall Street funds poured in, leading to supply outweighing demand.

The excessive concentration of funds in specific companies like FTX and Galaxy at that time is cited as a major cause of this bubble formation.

A high debt-to-market cap ratio implies a risk signal of PER decline and capitalist crisis if growth stops.

A high debt-to-market cap ratio can be a potential red flag and could become a significant problem within the next two years.

Jordi Visser warns that if growth is not sustained, there is a possibility of a decline in the price-to-earnings ratio (PER) and a capitalist crisis.

These conflicting signals reflect the market's complex assessment of the AI industry.

Nvidia presented a revenue growth rate of 70%, significantly exceeding market expectations of 40%. Such a high revenue forecast for a year later is unprecedented, and a decrease in the price-to-earnings ratio indicates market uncertainty about the company's future competitiveness.

It is highly unusual for a company to predict its revenue one year out significantly higher than market expectations, which caused a big shock to the market.

Computing demand is just beginning, and the agent revolution started to be actively adopted by businesses and consumers since last January.

Next-generation technologies like GPT-4.6 and OpenClaw are driving the full-fledged agent era.

Considering the outlook for the next 10 years, it is argued that the current price-to-earnings ratios (PER) of companies should theoretically be valued higher.

Micron is also monitoring the long-term impact of AI technology, looking ahead 10 years.

The phenomenon of a significant portion of healthcare spending being concentrated in the last 5 days of life could change with the adoption of AI technology.

When human lifespan extension combines with AI technology, the burden of healthcare will dramatically decrease, making changes to social security systems inevitable.

It is pointed out that there is a high probability of taxes increasing sharply within the next 5 years, but the public is underestimating this.

To prevent social unrest and redistribute income, the introduction of a robot tax is emerging as an unavoidable option.

As the bearish market in traditional stocks persists and the limitations of debt-based systems become clear, investment flows are changing.

The introduction of a robot tax has emerged as an unavoidable option to prevent social unrest and promote income redistribution. To support this, there is a dominant opinion that policy discussions for maintaining public services and securing financial resources should accelerate. Furthermore, the imposition of a robot tax is regarded as an institutional response aligned with the pace of technological development. In addition, capital is shifting towards tokenized assets, accelerating the revaluation of market value.

Jordi Visser points to cryptocurrency's appeal as a new store of value that will offset the decline in the stock market over the next 10 years.

Unlike the trend of the past 10 years, the next 10 years are expected to bring significant changes to the stock market.

Of this, Bitcoin's market capitalization is projected to account for at least $33 trillion, representing 33% of the entire cryptocurrency market.

Deflationary pressures caused by AI will serve as a major driver for Bitcoin's valuation, presenting a scenario where 33% of assets are concentrated in Bitcoin.