About this episode
Has Bitcoin already bottomed, or are investors still looking at the wrong signals? Jordi Visser joins Bankless to argue that AI is destroying software moats, reshaping inflation, and pushing capital toward scarce assets, with Bitcoin at the center of that shift. We get into his “AI is the new QE” thesis, the scarcity-versus-abundance portfolio, why the S&P may struggle in an AI regime, what a more muted Bitcoin cycle looks like, and where he still sees upside across the rest of crypto.---📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium---BANKLESS SPONSOR TOOLS:🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast🟦 COINBASE ONE | GET 20% OFFhttps://bankless.cc/coinbase-one🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix💰NEXO | YIELD + CREDIT LINEhttps://bankless.cc/nexo🧭OKX | TRADE, EARN, PAYhttps://app.okx.com/join/USBANKLESS---TIMESTAMPS0:00 Intro2:07 Jordi’s bold Bitcoin call4:18 The AI endgame lands at Bitcoin9:26 Bitcoin as the purest AI trade12:49 SaaSpocalypse, quantum fear, and the private credit risk20:49 AI is the new QE26:55 Inflation, deflation, and the scarcity squeeze34:28 What happens to stocks from here44:24 Is AI a bubble?48:17 The Bitcoin IPO and muted cycles1:01:01 Has Bitcoin already bottomed?1:09:03 The broken social pact1:13:21 The rest of crypto, from ETH to stablecoins1:17:29 Inside the scarcity portfolio1:20:42 Jensen vs. Dwarkesh, China, and the chip war1:27:42 Jordi’s AI stack and where to follow his work---RESOURCESJordi Visserhttps://x.com/jvisserlabsJordi’s Substackhttps://substack.com/@visserlabs---Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures