⚠️ Ross Gerber: Bitcoin Miners Are Leaving for AI as Clarity Act Stalls
Investor Ross Gerber thinks Bitcoin keeps stumbling on the policy front, and he's pointing to two things he sees as red flags. 🪙
His first argument: miners are pivoting toward AI. Rather than dedicating all that computing power to securing Bitcoin, some operators are chasing the higher margins on offer in artificial intelligence. That shift, in his view, pulls talent and hardware away from the network that started it all.
His second point lands on Washington. Gerber calls the failure to pass the Clarity Act "another fail" for the largest crypto, arguing that without clearer rules the sector stays stuck in limbo while other industries move ahead. ⚠️
Whether you agree with him or not, the tension is real: miners want returns, and regulators haven't delivered certainty. Two narratives worth watching closely. 🔻
Not financial advice.
#Bitcoin #Crypto $BTC
Investor Ross Gerber thinks Bitcoin keeps stumbling on the policy front, and he's pointing to two things he sees as red flags. 🪙
His first argument: miners are pivoting toward AI. Rather than dedicating all that computing power to securing Bitcoin, some operators are chasing the higher margins on offer in artificial intelligence. That shift, in his view, pulls talent and hardware away from the network that started it all.
His second point lands on Washington. Gerber calls the failure to pass the Clarity Act "another fail" for the largest crypto, arguing that without clearer rules the sector stays stuck in limbo while other industries move ahead. ⚠️
Whether you agree with him or not, the tension is real: miners want returns, and regulators haven't delivered certainty. Two narratives worth watching closely. 🔻
Not financial advice.
#Bitcoin #Crypto $BTC
