Metaplanet CEO: AI Drives Capital Concentration, Bitcoin May Become Digitally Held Capital by Machines

BTC-4,2%

Odaily Planet Daily reports that Metaplanet CEO Simon Gerovich stated on X platform that the benefits brought by productivity prosperity almost entirely flow to the owners of computation and capital, rather than workers or governments. He said, “Every company holding cash or bonds is extracting from a system whose tax base is disappearing, and the system’s response will be to print money. This trend is accelerating.”

Simon Gerovich further emphasized that AI agents do not have bank accounts or brand loyalty. When machines optimize financial systems, they bypass traditional banking and payment networks, choosing to transact using digital assets. When value storage is needed, AI will not park funds in money market funds but will hold digital capital—especially Bitcoin. As the AI economy expands, digital assets may become the primary store of value in the machine age.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Prominent VC Names Dire Consequences of BTC Losing $60K - U.Today

Vinny Lingham warns the crypto market that failing to hold the $60,000 support for Bitcoin could lead to catastrophic consequences, including violent liquidations and potential systemic failures among corporate crypto holders.

UToday3m ago

Bitcoin’s First Weekly Trend Break in 2+ Years: Is BTC Done?

Bitcoin (CRYPTO: BTC) closed a weekly candle below its 200-week exponential moving average for the first time since October 2023, ending an 882-day uptrend. The break redraws the deck for long-term traders, shifting attention to on-chain cost bases and how Bitcoin has historically interacted with th

CryptoBreaking43m ago

BTC drops below 64,000 USDT

Gate News bot message, Gate market display, BTC drops below 64,000 USDT, current price 63,971.6 USDT.

CryptoRadar1h ago

Bitcoin On-Chain Activity Falls to Six-Month Low, Raising Red Flags for Traders

The crypto market woke up to a quiet but worrying signal this week. On-chain activity for Bitcoin (BTC) has been depressed for six straight months. The observation, first highlighted by CryptoQuant, isn’t just a dry statistic. Historically, stretches such as this have coincided with tougher price ac

BlockChainReporter1h ago

CME Positioning Flip Signals Potential Bitcoin Rally Toward $85K

_Hedge funds reduce BTC shorts as leverage resets, setting up a potential path toward $85K if momentum builds._ CME Bitcoin futures data has once again caught the eye of market participants. As spotted by market observers, the current structure resembles setups that preceded major upside

LiveBTCNews2h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)