Strive strategist says AI deflation could push Bitcoin to $11M by 2036
A strategist from Strive believes that advancements in artificial intelligence (AI) could lead to significant deflation, potentially driving the price of Bitcoin to $11 million by 2036. The strategist argues that AI's ability to enhance productivity and reduce costs could create a deflationary environment, which would increase Bitcoin's value as a deflationary asset. This prediction is based on the historical performance of Bitcoin during periods of economic uncertainty. The analysis highlights the growing intersection of AI technology and cryptocurrency markets.
Read the full article: Coin Telegraph