"Bitcoin receives more attention than stocks as AI advances"

Source
Uk Jin

Summary

  • It reported that with the recent acceleration of artificial intelligence (AI) development, Bitcoin (BTC) is attracting more attention than the traditional stock market.
  • Jordi Biseo, an analyst at 22V Research, said that due to AI innovation making it difficult for companies to sustain growth, stocks will only be possible for short-term trading.
  • He mentioned that Bitcoin could exist long-term like gold and said it is attracting attention from an investment perspective.

Recently, as the development of artificial intelligence (AI) has accelerated, opinions have emerged that Bitcoin (BTC) could receive more attention than the traditional stock market.

On the 1st (Korean time), according to crypto outlet Cointelegraph, Jordi Biseo, an analyst at 22V Research, said, "If the pace of AI innovation speeds up to the scale of weeks, companies will find it difficult to get on a growth trajectory," and "Stocks will only be possible for short-term trading rather than investment going forward."

Analyst Biseo said, "If stocks and companies are ideas, Bitcoin is belief," adding, "Belief survives longer than ideas." He added, "Just as gold has enjoyed popularity for thousands of years, Bitcoin will also exist for a long time."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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