We have recently seen with surprise that Bitcoin didn't follow M2.
This time is different, market is anticipating that AI will reduce inflation, in fact will produce deflation hence regardless the amount of money issued there is no need for a save haven asset and that might explain why Bitcoin is not following M2. Then one of the main roles of Bitcoin has no sense.
Seems like AI will not help much Bitcoin, quite the reverse. Thoughts?
Regards. @banqu3ro
I think this AI thing is just noise. Bitcoin has been running smoothly for almost 20 years and will continue to do so for the next 200 years.
Governments know that they can print money out of thin air to satisfy their desires, and then pass on the debt problem to the next government. This is not going to stop because of the expansion of AI technology.