Bitcoin remains resilient, but the key question is whether the current move has enough real spot demand to continue, with futures activity once again leading the rally. The show also looks at NVIDIA’s $500 billion AI financing push and what it means for the ongoing rotation of capital into AI, while CoreWeave’s strong earnings add to the momentum. On the macro side, Trump is considering major tax and housing policies ahead of the midterms, while the yen intervention appears to be losing its impact and could force the U.S. and Japan into another response. We also cover the CFTC stepping in to protect Kalshi as its regulatory battle with New York escalates.<br><br>Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin Is the PUREST AI Trade | Jordi Visser

The Wolf Of All Streets

According to today's guest, Jordi Visser, Bitcoin is the purest AI trade. We're going to dive into why there may never be enough compute and how Bitcoin plays into that. Also, of course, we'll cover all of the news of the day. Excited to have Jordi here. Let's go.

Good morning, everybody. And I never know what the background is going to be. My producers, they kind of just surprised me. I this is it's very ethereal. I feel better now knowing that I have this amazing background. Welcome to the show. Hope you're all having a wonderful Wednesday. Going to go ahead and kill the suspense and bring Jordi right on. Good morning, sir. Good morning, Scott. How are you?

I'm better now, as I said, that I'm here on the lakeside hazy house. I don't really know what this is. So listen, let's get started. So the title here, Bitcoin is the purest AI trade. This is coming from your recent sub stack. And I kind of just want to dig into the thinking here and bring it up. I suggest everybody subscribe, of course.

The age of abundance, intelligence and scarce Bitcoin. Maybe just start with the premise. Then we can wrap in how, you know, today's news about NVIDIA raising 500 billion and all these things play into this. So I think, too, you know, as people get to know me, I try to use words that have a lot of meaning. And the purest AI trade frustrates people because they think that means that when, quote unquote, AI trades are working, then Bitcoin should be working.

Bitcoin Is the PUREST AI Trade | Jordi Visser

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Bitcoin Is the PUREST AI Trade | Jordi Visser

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.