Yan's take: AI underperformance could flip capital flows into crypto.
The thesis: If AI disappoints and its deflationary hype fades, capital rotates back to hard assets as a hedge against currency debasement.
That's when crypto wins.
Translation: When the AI trade cools off and fiat debasement accelerates, $BTC and digital scarcity narratives take center stage. Classic macro rotation play.
Watch for AI earnings misses and Fed pivots. That's your signal.
The thesis: If AI disappoints and its deflationary hype fades, capital rotates back to hard assets as a hedge against currency debasement.
That's when crypto wins.
Translation: When the AI trade cools off and fiat debasement accelerates, $BTC and digital scarcity narratives take center stage. Classic macro rotation play.
Watch for AI earnings misses and Fed pivots. That's your signal.