Wall Street Veteran "Bitcoin (BTC) Named an Asset to Survive in 20 Years, Following Religion and Gold"

▲ Bitcoin (BTC)

Jordi Visser, a veteran Wall Street investor, has named Bitcoin (BTC) as an asset that will survive the destructive innovations of humanity and technology, following religion and gold.

According to Yahoo Finance on September 20 (local time), Jordi Visser, Head of AI Macro Nexus Research at independent research firm 22V Research, appeared on the podcast 'Coin Stories' and emphasized Bitcoin's long-term viability. Visser, formerly of Morgan Stanley, stated, "Only a handful of things have withstood the disruptive innovations of humans and technology," adding, "Religion, gold, and now Bitcoin are on that list."

Visser identified Bitcoin as the only technology among virtual assets and the entire fiat currency system that he is confident will still exist in 20 years. He explained that Bitcoin serves as "collateral for the system," not merely because it is the best technology. He analyzed that all other technological innovations evolve too quickly, facing the limitation of rendering previous technologies obsolete.

As the pace of AI development accelerates, the going concern value of traditional companies is increasingly threatened. Visser stated, "All innovations devised by humans will eventually be replaced by superior innovations," citing OpenAI's solution to a 150-year-old mathematical problem as a prime example of technological advancement. He assessed that even amidst such rapid disruptive changes, Bitcoin will firmly maintain its asset status based on its unique scarcity and network trust.

Bitcoin is being highlighted as a key refuge to defend against increasing fiat currency debt and the collapse of asset values in the age of AI. The market's attention is focused on whether Bitcoin's long-term viability as a store of value, unshaken by volatility, can be proven.

[Key Summary of the Article]

-Jordi Visser, Head of 22V Research, named religion, gold, and Bitcoin (BTC) as assets that will overcome the disruptive innovations of humans and technology.

-He identified Bitcoin as the only asset among virtual assets and the entire financial ecosystem that can be guaranteed to survive in 20 years, and as collateral for the system.

-In an environment where all innovations are replaced by other technologies, only Bitcoin is expected to remain a unique store of value.

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