Bitcoin Supply & Demand, Bitcoin & AI

July 22, 2023
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Generated Summary

The monthly Bitcoin digest delves into the shifting supply and demand dynamics in the cryptocurrency market. Recent trends indicate a significant decrease in Bitcoin supply on exchanges, coupled with anticipation around the upcoming halving event. The narrative shift towards Bitcoin is attributed to global fiscal responses and economic uncertainties. On the demand side, regulatory developments and institutional interest, including the involvement of major financial entities, indicate a growing acceptance of Bitcoin as an asset class. The transcript also explores the burgeoning intersection of AI and Bitcoin, highlighting the potential for AI to revolutionize economic interactions and democratize access to advanced technologies. The text discusses how Bitcoin can serve as a guardrail against centralized AI surveillance and encourages open-source competition in the AI space, paving the way for a more balanced technological future.

Key Points

  1. Decrease in Bitcoin supply on exchanges
  2. Anticipation around the upcoming halving event
  3. Growing institutional interest in Bitcoin
  4. Intersection of AI and Bitcoin
  5. Potential for AI to democratize access to advanced technologies

About The Creator

Greetings! I'm the co-founder of bitcoin startup Joltz and the creator of All Things Bitcoin, a YouTube channel focused on bitcoin education. I also do consulting on a wide range of bitcoin-related topics including self-custody solutions, accepting bitcoin payments, and more.


Check out my links for more 👇