By taskmaster4450 on Skatehive
Balaji Srinivasan is a well known technology innvoator, being the former CTO of Coinbase and part of the venture capital firm Andreeson Horowitz. He has a lot of foresight regarding the technology world. For this reason, it is worthy to consider when he make a proclamation about where he sees things going. Recently, he posted about the path of AI and Bitcoin. The conclusions were drawn using a couple of different comparisons. The most important tidbit is he sees hyperbolic moves with both. This is what we will dig into with this article. Hyperbolic Moves In Bitcoin And AI Bitcoin, in spite of the most recent pullback went on a great run. Throughout 2024, the leading asset moved up nicely. A larger portion of this could be attributed to the approval of the Bitcoin Spot ETF. We are approaching one year and that is a raging success. This is one of the factors that Balaji uses to determine where things are going. His metric is gold, something that many utilize since it is in line with the