Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Investor and analyst Jordi Visser predicts AI will drive BTC investment, California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures. Meanwhile, crypto social media activity suggests potentially more downside ahead for the market.
Market analyst and investor Jordi Visser said AI will make stocks obsolete in the coming decades by exponentially reducing the innovation cycle and increasing the rate of change in society, ultimately driving investors to Bitcoin (BTC).
Visser told podcaster and investor Anthony Pompliano that AI will speed up innovation so much that slow-moving public companies will not maintain profitability or even get off the ground in an age of such rapid change. He said:
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