Can Bitcoin survive the "AI Productivity Shock"? Cathie Wood says it’s the solution.
We often hear Bitcoin described as a hedge against inflation (money printing). But at Bitcoin Investor Week in New York, ARK Invest CEO Cathie Wood introduced a new angle: Bitcoin as a hedge against deflation.
She argues that the rapid rise of AI and robotics is driving production costs down so fast (~75% annually for AI training) that it will shock the traditional financial system, which is built to sustain 2-3% inflation.
Wood believes the legacy system is too fragile to handle this tech-driven price drop. Her thesis? Bitcoin sits outside this system, acting as a counter-party-free store of value while the traditional economy scrambles to adapt.
Do you agree that AI will disrupt monetary policy this significantly?
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