Joe Burnett: Bitcoin is the Ultimate AI Trading and Human ETF

Joe Burnett, Vice President of Strive, stated on the X platform that Bitcoin is the ultimate AI trading asset, as widespread unemployment and wealth shrinkage will lead to currency issuance. He pointed out that traditional assets face dilution or competitive mechanisms as long-term stores of value, with fiat currency supply expanding due to credit cycles, fiscal deficits, and central bank policies; stock profits attract competition, regulation, and technological disruption; rising real estate prices drive construction; and increasing gold prices stimulate mining. In contrast, Bitcoin has a fixed supply that cannot be increased due to rising demand, and it does not belong to any company, industry, or government, making it not a liability of others. Human progress will bring more output, efficiency, and wealth, which needs to flow into assets that cannot be diluted by increased issuance. Burnett also mentioned that Bitcoin has evolved from an open-source project into a globally recognized monetary network over the past approximately 17 years, outperforming most other asset classes over a four-year cycle. Although volatility is related to the growth process, the supply rules remain unchanged, and as the network expands and more capital enters, daily volatility may narrow.

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