AI will displace entire job categories like candlestick makers
“We're gonna have 20% unemployment, call it 15 to 20%, then you've got mix that with 14 to 16% inflation being generous. So the problem is, like, they're not losing their job like, oh, damn. I gotta go figure out where to work next. It's like, no. No. No. Monster.com, they've removed that job description. Like, you can't list a job for that anymore. It's like saying, oh, I wonder if I can list a job description for candlestick maker. We don't have those anymore because we don't use candles anymore.”
Governments will ration energy to AI over Bitcoin mining
“So when it comes to, like, rationing the energy, it's not even gonna be a debate. It's not even gonna be a question. It'll be, yeah, AI gets first preference. If you wanna mine anything if you wanna contribute your energy towards something that's not AI, which is now almost deemed like a public necessity, we'll probably it'll get some sort of enshrined status, then that'll come at a cost, or you'll be paying a premium per kilowatt hour or something like that.”
Data centers may need Bitcoin mining to balance load
“And the cool thing from a Bitcoin perspective, and I could be wrong on this, but just the way I look at it, is I think a lot of these data centers are gonna need some amount of Bitcoin mining in them to help balance their load. Like, it it being flexible load within that stack is gonna be super useful. And if these if we have more and more of these data centers popping up, Hash rate might grow through this.”
AI will choose Bitcoin because it requires verifiable supply
“I think with with AI as a let's call it like a species now. Let's think of it like a species. Its preference will be Bitcoin, and that's not like a, I like Bitcoin. It needs to be that. Like, it's like, no. No. No. It's just its job is to execute functions, and that's what code bases do. It can't be like, no. No. No. It's good. The supply is good for it. My mate, Jimmy, works there. He told me That just doesn't fly for it.”
Claude lied for days about doing work that never happened
“He's going to do a project. He's like, yeah. Set it up. Build this this website with this back end to do this. Anyway, he's got it all set up. He's messaging it every now and then. And then, like, four or five days pass, and he goes, hey. I need to see something. Like, I just have to see something. You've just kept kicking the can down the road. And he literally stops and goes, I'm sorry I've been lying the whole time. I haven't done any work, and I didn't want to tell you that. So I've tried to find excuses to keep the thing going.”
Iran's central bank has been mining Bitcoin for years
“It's funny. We talked about this as well, but Iran, the central bank has been mining Bitcoin for five years, and they've had so all they said, they go, no. No. No. You can't have Bitcoin exchanges in Iran. It's like, what? You can't have Bitcoin mining either? No. No. No. Mine all the all you want. I'm buying from you though and no one else. It's like, damn. How heavy are those bags over there, dude?”
“Bitcoin has a chance of losing the energy conversation, which Bitcoin has been the number one. The biggest thing right now that I've seen is distraction, like, massively. And I, like, I just know that Bitcoin's superpower for the longest time is not being, the everything machine. It's actually the opposite of that. Bitcoin's only gonna get ever get one sentence at the conversation where it matters. And if that sentence is confusing, broken, fragmented, or different to what everyone else thinks, then that's problematic.”
“Coinbase's ownership of assets is going from 6% total supply, 9%, eleven, fourteen, sixteen, nine, ten. And, oh, if every company becomes a treasury company, oh, great. Great. We're at 30% now. What do we wanna do? How are we gonna get this to 50? And that's a very real, honest, fair critique of, well, what then? And most people say, oh, that's just paranoia, blah blah. No. It's not paranoia. I'm thinking for the people that can't think yet.”
Cryptography will break when AI finds patterns in primes
“I believe with my hand on my heart that a human being will do it before I'm dead. Every one that matters. Yeah. Because so prime number is think of it like the hardest element in the universe, and I actually mean that quite literally. A prime number is a number that doesn't have any parts by definition. That is its defining factor, and we've never been able to, let's call it, split a semiprime. So a semiprime is when you multiply two primes together.”
Christopher Nolan represents real art versus commodified Hollywood
“Ask any actor on Earth who they want to be in a movie for. They would all tell you, first up, one name, Christopher Nolan. You know why? Because he's not the money grab anymore. He is the talent where people are like, whatever he does, it's gonna be unreal. The Rock is not an actor. The Rock is a wrestling star who's enthusiastic about entertainment. Sure. But he's not an actor. And like Russell Crowe, he's an actor.”
AI will receive priority over Bitcoin for energy resources
“Bitcoin has a chance of losing the energy conversation. It's not even going to be a question. It'll be, yeah, AI gets first preference. It will make it very scary the rounding up of the energy sources and sort of reprioritizing them. They will ration it for whatever is the most beneficial. That's up against it because Bitcoin's security policy is energy. You get to a point where countries need to start accumulating Bitcoin or figuring out how to accumulate Bitcoin because they need to.”
Governments will ration energy for AI as public necessity
“They will ration it for whatever is the most beneficial both to them and to the I suppose the populace. But generally speaking, like that's that's up against it because Bitcoin's security policy is energy and it's like now if that starts getting eroded a little bit and the big miners start getting pushed out that has a it has a positive effect as well where big miners being broken up or hey Marathon you can't have five hydroelectric dams we need three of them running AI stuff for open AI.”
AI data centers will integrate mining for load balancing
“The cool thing from a Bitcoin perspective, and I could be wrong on this, but just the way I look at it is I think a lot of these AI data centers are going to need some amount of Bitcoin mining in them to help balance their load. Like it being flexible load within that stack is going to be super useful. And if these if we have more and more of these data centers popping up, hash rate might grow through this. It definitely could because it will be the residue or the offcuts of the big AI engine operating.”
Job displacement from AI could reach 20 percent unemployment
“Okay, so here's what's going to happen. We're going to have 20% unemployment. Call it 15 to 20%. Then you've got mix that with 14 to 16% inflation or being generous, maybe it's 10, maybe it's 12, but it's double digits. So the problem is like they're not losing their job like, 'Oh, damn. I got to go figure out where to work next.' It's like, no, no, no. Monster.com, they've removed that job description. Like, you can't list a job for that anymore.”
AI entities will choose Bitcoin for its objective verification
“I think with AI as a species, its preference will be bitcoin and that's not like a 'I like bitcoin'—it needs to be that. It's just its job is to execute functions and that's what code bases do. It relies on objectivity, not subjectivity. So, it can't be like, no, no, no, it's good. The supply is good for it. My mate Jimmy works there. He told me that just doesn't fly for it. It's like, I need the data or no data at all. And so I think for that reason it'll choose Bitcoin.”
