Part 12/20:
Interestingly, he claims that economic growth driven by AI will ultimately reduce the relative value of traditional growth stocks. As AI increases productivity, more capital may flow into Bitcoin and tokenized assets, especially as governments and institutions begin to diversify their reserves.
Miners, for example, are expected to become less of a supply source as electricity prices rise and their energy costs increase. With AI potentially making infrastructure assets stranded or obsolete, the distribution of Bitcoin from miners (selling into the market) could decrease, further tightening supply.