Wang Feng, humanity is searching for a scarce, universal consensus; Bitcoin's unimaginable price is inevitable.
TL;DR
Wang Feng argues that humanity's search for scarce assets like gold and Bitcoin is driven by a universal consensus on scarcity. With AI and robotics boosting productivity, sovereign currencies will inevitably depreciate, making Bitcoin's future price surge unavoidable.
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According to ChainCatcher, Wang Feng, founder of Linekong Interactive, shared his views on gold's new high and Bitcoin's future market trend yesterday: "Gold prices breaking through $4,400/ounce is nothing to regret missing out on. The essence of humanity's return to a golden age is the universal consensus of seeking scarcity. Compared to the Cold War between major powers and regional conflicts, the wave of artificial intelligence (including robotics) technology is driving any sovereign currency towards decline. Regardless of monetary policy, with a new round of explosive productivity growth, currencies including the US dollar will inevitably depreciate significantly. Bitcoin's unimaginable price is inevitable. Don't rush, let the dust settle."