AI-Driven Deflation Could Push Bitcoin To $11 Million By 2036, Strive Says
Summary
Strive strategist Joe Burnett predicts Bitcoin could reach $11 million in the first quarter of 2036, driven by technological deflation caused by artificial intelligence. Burnett argues that AI-driven productivity gains will lower prices, squeezing margins and compelling central banks to continuously expand the money supply to prevent a deflationary spiral in the debt-based fiat system. This base case assumes Bitcoin grows to 12% of global financial assets by 2036, requiring a massive market capitalization increase. The report also highlights the emergence of "digital credit" models, which create a reflexive loop between global yield demand and Bitcoin accumulation, bolstering demand for the scarce asset.
(Source:Cointelegraph)