For the first time in Bitcoin’s history, the amount of BTC held dormant for a decade or more is now growing faster than the network is producing new coins. This shift, which began shortly after the April 2024 halving, marks…

Analysis: Bitcoin’s dormant supply growth outpaces new issuance for the first time in history

Bubblemaps V2 added support for the TON blockchain, expanding its reach across 
major blockchain ecosystems. Bubblemaps (BMT) has launched Version 2 of its 
blockchain analytics platform on the Open Network (TON) blockchain, allowing 
users to track token activity, uncover wallet…

Bubblemaps V2 goes live on Open Network

XRP has declined by nearly 8% over the past month and is now trading at a 
major confluence of support levels. The current price action sits at a make- 
or-break level that could determine the next major move, either a bullish…

XRP price remains near $2.09 support: bounce or breakdown next?

Binance founder and former CEO Changpeng Zhao (CZ) is calling out a problem 
most crypto platforms still ignore: what happens to users&#8217; digital assets 
after they pass away? In a June 19 social media post, CZ urged crypto 
platforms to…

Why crypto platforms need a ‘will function’ according to Binance’s CZ

Macro investor Jordi Visser has published a Substack essay arguing that 
Bitcoin is “the purest AI trade,” a claim he says has followed him “in nearly 
every one of my videos, Substack posts, and conversations with Anthony 
Pompliano.” The piece, released yesterday under the title You Don’t Find 
Bitcoin, Bitcoin Finds You: Why It’s the Purest AI Trade, sets out a personal 
and macro-economic narrative that Visser believes binds artificial- 
intelligence disruption to the rise of the world’s first decentralised digital 
asset. Visser, who now heads AI Macro Nexus Research at 22V Research after 
three decades trading derivatives at Morgan Stanley, running a global-macro 
hedge fund, and ultimately serving as president and CIO of Weiss Multi- 
Strategy Advisers, frames the essay as a pre-emptive answer to critics who 
“don’t see it or understand it.” “This statement wasn’t born from a single 
insight but rather a journey that unfolded across three distinct steps and 
four accelerating forces that helped me connect the dots between monetary 
policy, exponential innovation, and a world shifting faster than our 
corporate, financial, and government systems can handle,” he writes. The three 
steps, he explains, were “personal awakening, macro-economic context, and the 
recognition of Bitcoin as foundational infrastructure for the digital 
economy.” Why Bitcoin Is The Ultimate AI Trade The four forces Visser 
identifies as central to his thesis span the domains of monetary policy, 
technology, and sovereignty. The first, he writes, is “unprecedented fiscal 
and monetary intervention which I believe marked the final climax of the 
global government debt super-cycle and ultimately the dollar as the global 
reserve currency.” In his view, the pandemic-era explosion in government 
spending exposed the limits of fiat systems propped up by central bank 
liquidity. Related Reading: Buy Bitcoin Now? Not Yet—Analyst Says Time Holds 
The Key The second force centers on structural deflation: “deflationary 
pressure from exponential technologies.” Visser sees AI and automation as not 
just economic disruptors but forces that drive prices downward across the 
board—pressuring legacy systems built on perpetual inflation and debt. The 
third pillar of his argument is institutional erosion. “Accelerating 
institutional obsolescence through AI,” he warns, will hollow out 
bureaucracies and corporate incumbents that are too slow to adapt to 
exponential change. Finally, Visser cites “Bitcoin’s emergence as a sovereign 
digital asset—independent, decentralised, and not defined by any nation- 
state.” In contrast to fiat currencies reliant on state power and monetary 
intervention, Bitcoin exists as an autonomous, verifiable infrastructure layer 
for the digital economy. Visser dates his “personal awakening” to early 2021, 
when the pandemic-era money print collided with a household epiphany: “Asset 
prices jumped and crypto prices were rising daily, and I was struck by the 
fact that my 13-year-old son … could explain the space in a way that I could 
not understand.” That curiosity pushed him toward Michael Saylor’s corporate- 
treasury bet on Bitcoin and Paul Tudor Jones’s description of the asset as 
“the fastest horse in the race,” convincing him that “Bitcoin [was] a rational 
response to an irrational system looking for a new one.” The second 
intellectual milestone came through Jeff Booth’s book The Price of Tomorrow, 
from which Visser lifts the line: “Innovation is always deflationary for the 
economy so the baseline for inflation is always negative.” Booth’s argument, 
he says, revealed “an Economic Trilemma” in which a debt-laden industrial 
economy can only survive by tapping government balance-sheets, even as a 
capital-light digital economy accelerates away. The result, he warns, is a 
fragile fiat system propped up by “artificially low rates, quantitative 
easing, and fiscal stimulus” that cannot be maintained indefinitely. Visser’s 
third pivot came with Marc Andreessen’s 2014 essay Why Bitcoin Matters. 
Andreessen’s framing of the Bitcoin white paper as a monetary protocol—“on par 
with the creation of the internet itself”—convinced Visser to stop viewing 
Bitcoin as a challenger to sovereign currency and start seeing it as “the 
base-layer for a new, decentralised economic system.” Stablecoins, he 
concedes, may bridge fiat and crypto, but they remain “tethered to the very 
institutions they’re trying to outrun.” Related Reading: $150,000 Bitcoin Is 
In Play—Unless This One Macro Metric Snaps The final, self-described “force” 
is AI itself: “For years, we’ve said software is eating the world. But now, AI 
is eating software and soon it will eat everything in its path.” He argues 
that intelligent agents will erode the scarcity premia that support most 
legacy assets, leaving Bitcoin—algorithmically finite and independent of any 
issuer—as “sovereignty at digital scale.” In one of the essay’s bleakest 
forecasts he writes, “AI will destroy everything eventually—not maliciously, 
but systematically. And the economic system we’ve built on top of scarcity, 
debt, and centralisation is not equipped to survive it.” Visser closes by 
channelling Saylor’s mantra—“You don’t find Bitcoin, Bitcoin finds you”—to 
explain why adoption is emerging first in the periphery: retail investors in 
emerging markets, smaller firms outcompeted by big-tech AI monopolies, and 
early-mover states such as El Salvador. “This bottom-up foundation is setting 
the stage for a future top-down capital rotation as FOMO and greed eventually 
force more and more of the doubters in,” he concludes. “That’s why Bitcoin is, 
in many ways, the purest AI trade—an opt-out of a system being reshaped by 
intelligence no one fully controls. At press time, BTC traded at $104,816. 
Featured image image created with DALL.E, chart from TradingView.com

Bitcoin Is The Purest AI Trade, Says Wall Street Veteran

BitValut raised $2 million to launch a yield-bearing stablecoin on the Katana 
blockchain.