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CZ: AI cannot solve inflation problem Bitcoin has unique value storage properties
Binance founder CZ recently posted on social platforms that artificial intelligence (AI) and Bitcoin (BTC) perform different functions. AI promotes productivity improvement, while Bitcoin is used to fight inflation and protect wealth. "AI is great, but it can't protect you from inflation, Bitcoin can," CZ said. CZ believes that the market often regards AI and Bitcoin as two hot investment themes, but the essence of the two is different. AI is a technology that improves corporate efficiency and economic productivity, while Bitcoin is a digital asset with a fixed supply. He pointed out that the AI industry is developing rapidly, and global companies continue to invest billions of dollars in infrastructure construction such as AI software, data centers, and chips, and promote changes in many industries such as medical care, finance, and manufacturing. However, AI companies can issue more shares and raise funds for expansion, and the investment value still depends on the company's operating performance and market competition. In contrast, the total supply of bitcoins is fixed at 21 million, and the holders own scarce assets that are not diluted. CZ believes that this feature gives Bitcoin long-term value storage properties and provides protection when the purchasing power of fiat currencies declines due to inflation. CZ has previously said that the AI boom may attract some of the funds that originally flowed to the Bitcoin market. As AI companies such as OpenAI and Anthropic gain more capital attention, some investors may sell other AI-related investments in asset allocation. However, CZ believes that AI and Bitcoin are not competing, and the two should be regarded as complementary assets: AI promotes technological progress and productivity improvements, while Bitcoin provides a storage of value that is not affected by supply expansion.