Jordi Visser, a seasoned figure in the financial world, assessed recent developments in the cryptocurrency market and the global economy. According to Visser, the disruption caused by artificial intelligence in the software industry is directly affecting Bitcoin’s short-term performance.
Renowned investor Jordi Visser offered a striking analysis of Bitcoin’s current price movements and the major transformation in the global economy. Visser stated that, contrary to popular belief, Bitcoin is currently acting not as a “defensive” asset, but as a “growth asset” directly correlated with the software industry.
Visser argued that the real dynamism in the markets is dominated by artificial intelligence (AI). He stated that software-based companies (SaaS) in particular have experienced significant value losses due to fears that AI will disrupt their business models, and that Bitcoin and the crypto ecosystem are also moving in tandem with this software ecosystem.
Visser stated, “Bitcoin is currently in the growth basket, not the value or defense basket. Therefore, panic in software stocks is dragging Bitcoin down as well.”
One of the most striking pieces of data highlighted in the interview concerned the use of stablecoins. Visser stated that stablecoin transaction volumes reached $10-11 trillion in January, equivalent to Mastercard’s transaction volume for the entire year. He said this development signals a major structural change in the financial system.
Visser, arguing that artificial intelligence could devalue anything that can write code or produce information (a deflationary effect), stated that the future lies in “rare assets.” He said the only things AI cannot destroy are physical commodities (copper, oil, silver) and Bitcoin, which has a limited supply.
*This is not investment advice.