If AI tokens drop to almost nothing and robots start cranking out stuff like pancakes, everything's gonna be dirt cheap. What happens to Bitcoin then, in about 5 years?
Impact of Global Deflation on Bitcoin
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5 years? Seriously? Nah, I doubt it. Governments hate deflation and will just print more cash to counter it. AI might make things cheaper, but inflation’s not going anywhere, right?
Honestly, I could see Bitcoin hitting $500k in five years. People really underestimate how Bitcoin operates independently of traditional markets. Follow the trends, don’t get too caught up in the worries.
Are you really sure about that? Inflation is like a constant shadow. Prices might go up regardless of AI tech. Bitcoin is deflationary, so if anything, its price might rise along with inflation.
I could use your crystal ball, lol. I see your point, but the government won’t just let deflation happen. They’ll print more money to keep things afloat. Bitcoin might do well, but let’s be realistic about price predictions.
Right, if AI creates abundance, it could change the buying power of fiat. That’s an interesting angle, but let’s not get too ahead of ourselves.
Bitcoin and AI are totally separate. I don’t see any bullish signs for Bitcoin because of AI. Bitcoin has its own cycles, it doesn’t really care about AI or its hype.
Maybe, but your timeline is too short. Real change takes way longer. Governments will fight hard against deflation, it's not just gonna happen overnight.
Why would token prices drop to zero? The AI space is struggling to become profitable, and energy costs are a big issue. If the demand isn’t there, how do we expect prices to drop?
Are you kidding? Inflation has been a constant since forever. Every time the government prints more cash, inflation just rises. Bitcoin’s a long-term store of value, and in five years, it could hit $250k.
coldstorageNewbie
Posts: 137 · Reputation: 38
#11May 17, 2021, 02:46 AM
Remember, Bitcoin's supply is capped at 21 million. It doesn’t change. The price is all about supply and demand. Once people realize how useful Bitcoin is, the demand will skyrocket.
AI is a bubble, don't get too invested in it unless you want to get hurt.
satoshi420Full Member
Posts: 17 · Reputation: 369
#13May 17, 2021, 11:22 AM
Inflation isn’t going away in a fiat world. The entire system is built on it. Even with tech advances, as long as the government keeps printing money, inflation will persist. Bitcoin's unique and will hold value.
If greed is at an all-time high, AI replacing jobs will just make it worse. Do you really think billionaires will stop being greedy? Jobs will disappear, and costs might still rise.
Bitcoin isn’t affected in a straightforward way by AI. They have their own ecosystems, even if they overlap occasionally.
HumbleSigmaNewbie
Posts: 4 · Reputation: 8
#16May 18, 2021, 05:21 PM
I don’t see inflation disappearing. Even if goods get cheaper, governments thrive on inflation. They’ll keep finding ways to keep it up. Bitcoin’s fixed supply keeps it relevant, even in a deflationary situation.
If it was that easy, AI replacing jobs would just lead to more poverty. More people will be jobless, while companies save on labor costs. It’s about profits, not progress.
Bitcoin was here before all this AI hype. It sets the tone. Unless Bitcoin changes, nothing will really dictate its value as you suggest.
Training AI models is super energy-intensive and inefficient. They have to convert data back and forth, which is costly. The quality isn’t great either, so how can they drive prices down?
Inflation isn’t going anywhere. Governments can print money as they please. AI will just change the job landscape, and I should really be buying more Bitcoin now.
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