CZ: AI IMPROVES PRODUCTIVITY, BITCOIN HAS INFLATIONARY VALUE STORAGE PROPERTIES

The founder of Binance, CZ, wrote that AI promoted productivity growth, while Bitcoin had a fixed supply to counter inflation and protect wealth. CZ states that the AI industry contributes to industrial change by investing billions of dollars in infrastructure, but that AI companies can issue equity financing, and the value of investment depends on business performance. By contrast, the total supply of bitcoin is fixed at 21 million, and the holders have scarce assets that cannot be diluted. CZ considered AI to be not a competitive relationship with bitcoin, but a complementary asset。