#Tianfeng: Bitcoin is an AI alternative.#
Hot Topic Overview
Overview
Tianfeng Securities released a research report stating that AI represents plan A for maintaining US dollar hegemony, while cryptocurrency represents plan B for hedging against challenges to the dollar's dominance. The report believes that the US needs an alternative that it can control and influence to maintain the dollar's status, and gold is no longer an option. Cryptocurrencies, with Bitcoin as a representative, may still have a chance. The report also emphasizes that both Bitcoin and AI rely heavily on energy as a core factor, 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.
Ace Hot Topic Analysis
Analysis
TF Securities believes that artificial intelligence (AI) represents "plan A" for maintaining the dominance of the US dollar, while cryptocurrencies, represented by Bitcoin, represent "plan B" to hedge against the unchallenged status of the US dollar. The report points out that energy is an indispensable core element for both AI and Bitcoin. TF Securities believes that gold has been favored by investors as a beneficiary of de-dollarization over the past two years. However, the US government cannot tolerate the shaking of the dollar's hegemony, so it needs a controllable alternative to maintain the dollar's status. Gold is no longer an option, while cryptocurrencies such as Bitcoin could become an alternative. But the essence of currency is credit, and without credit, credit 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, and cryptocurrency is the Plan B to hedge against the US dollar's unchallenged status.
Energy is the core element that neither AI nor cryptocurrency can bypass.
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.
Bitcoin, as the representative of cryptocurrency, may be an alternative option for the US to maintain the hegemony of the US dollar.