Strive Vice President Joe Burnett said in a post on X that he had previously believed it was never too late to convert other assets into Bitcoin, but that artificial intelligence has introduced a new variable. According to Burnett, if superintelligent AI sharply reduces the scarcity of labor over the next five to 10 years, accumulating capital by selling labor and using that capital to gain ownership of scarce assets could become more difficult. He added that by then, most of Bitcoin’s fixed supply of 21 million coins may already be close to being mined, while Bitcoin itself would remain scarce. The comment frames AI as a potential factor that could alter how people acquire scarce assets such as BTC, especially if changes in labor markets make traditional capital formation less effective.
Strive Vice President Joe Burnett said in a post on X that he had previously believed it was never too late to convert other assets into Bitcoin, but AI has introduced a new variable.
Burnett said that if superintelligent AI sharply reduces the scarcity of labor over the next five to 10 years, it may become harder to accumulate capital by selling labor and then use that capital to obtain ownership of scarce assets. He added that by that point, Bitcoin’s 21 million-coin supply could already be close to fully mined, while Bitcoin would still remain scarce.
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