๐ด Why does the BitMEX founder see the AI frenzy as the biggest waste of capital in history?
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๐ฐ Arthur Hayes said on the 1000x podcast that he is not bullish on AI stocks, saying: "We are wasting trillions of dollars in capital globally." He believes AI companies are burning through cash without making profits, and that a government bailout worth trillions of dollars would become a bullish catalyst for crypto, led by $BTC .
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๐ Enjoyed the content? Like and follow
โฌก LEGENDARY_007 #LEGENDARY_007
$BTC
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๐ฐ Arthur Hayes said on the 1000x podcast that he is not bullish on AI stocks, saying: "We are wasting trillions of dollars in capital globally." He believes AI companies are burning through cash without making profits, and that a government bailout worth trillions of dollars would become a bullish catalyst for crypto, led by $BTC .
โโโโโโโ
๐ Enjoyed the content? Like and follow
โฌก LEGENDARY_007 #LEGENDARY_007
$BTC