A store of value was never meant to be as exciting as AI.
Strive CEO Matt Cole pushes back on Jason Calacanis, calling Bitcoin the least boring store of value and a societal win. It makes sense that a venture capital investment would be focused on the exciting innovations in the future. I do think he was rage baiting. Kudos to him for being able to generate millions of views by putting out a take like that. One of the things I fundamentally disagree with him on, besides the bear case for Bitcoin, would be that Bitcoin is not actually benefiting society. I think the scales of money have been tilted against the individual for too long. We’ve had money that’s being debased, the government having a monopoly on money. Moving it back into the hands of a fair money, a scarce money, I think would be a massive win for the individual and a great benefit for society. Where we agree is that people should be spending a lot of time integrating, learning, adopting superintelligence, so you don’t get left behind. A store of value should be very boring. And Bitcoin is probably the least boring store of value, because it’s the most volatile, because it’s emerging as the best store of value.
#Bitcoin #AI
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