AI Economic Impact Could Boost Bitcoin
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According to NYDIG's Greg Cipolaro, artificial intelligence represents a 'general-purpose technology' whose economic effects may create favorable conditions for Bitcoin. As AI drives productivity gains and potentially alters monetary policy dynamics, Bitcoin could benefit from resulting macroeconomic shifts.
Cipolaro suggests that AI-induced economic transformations might prompt central banks toward 'easier monetary policy' approaches. Such an environment typically reduces the opportunity cost of holding non-yielding assets like Bitcoin while potentially increasing institutional interest in alternative stores of value during periods of monetary expansion.
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