#Tianfeng: Bitcoin is an alternative to AI.#
Hot Topic Overview
Overview
Tianfeng Securities released a research report stating that AI represents Plan A for maintaining US dollar hegemony, while cryptocurrencies represent Plan B for hedging against the US dollar's dominance. Tianfeng Securities believes that the US needs a controllable and influential alternative to maintain the dollar's position, and cryptocurrencies represented by Bitcoin may still have a chance. However, the essence of currency is credit, and if there is no credit, then inject credit. Whether it is Bitcoin or AI, energy is an unavoidable core element.
Ace Hot Topic Analysis
Analysis
TF Securities believes that Artificial Intelligence (AI) represents plan A for maintaining the US dollar's dominance, while cryptocurrencies represented by Bitcoin are plan B to hedge against the US dollar's unchallenged status. The report points out that energy is an unavoidable core element for both AI and Bitcoin. TF Securities believes that gold has become investors' favorite in the past two years as a beneficiary of de-dollarization. However, the US government cannot tolerate the dollar's monetary hegemony being shaken, so it needs an alternative plan to maintain the dollar's status. Gold is likely out of the options, and cryptocurrencies represented by Bitcoin may still have a chance. But the essence of currency is credit, and without credit, it needs to be injected.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
AI is the plan A to maintain the US dollar's hegemony, cryptocurrency is plan B, used to hedge against the US dollar's position being unchallenged.
Energy is a core element that both AI and cryptocurrency cannot circumvent, because the essence of currency is credit, the essence of credit is order, the essence of order is technological competition, and the essence of technological competition is energy efficiency.
Gold has become a beneficiary of de-dollarization, but the US needs an alternative plan that it can control and exert influence over to maintain the dollar's status, Bitcoin may be that alternative.
Bitcoin needs to be injected with credit to become an effective currency.