The AI Shock Is About to Reprice Bitcoin | Jordi Visser

**SPEAKER_1** (0:00)
You're about to make a trade. Which you do you listen to?

**Anthony Pompliano** (0:03)
Is it get optioning those options?

**Jordi Visser** (0:07)
Or let's do a little research.

**Brooklyn Adams** (0:11)
Learn more at finra.org/tradesmart.
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**Anthony Pompliano** (0:47)
What's up, everyone? This is Anthony Pomppliano. Many of you know me as Pomp. You're listening to The Pomp Podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube and tell your friends and family about the podcast. My goal is to help millions learn from the world's most interesting people. So let's get in to today's episode.

**SPEAKER_1** (1:15)
Anthony Pomppliano runs Pomp Investments. All views of him and the guests on his podcast are surely their opinions and do not reflect the opinions of Pomp Investments. You should not treat any opinion expressed by Pomp or his guests as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his personal opinion. This podcast is for informational purposes only.

**Jordi Visser** (1:39)
That's the societal thing that has me focused on Bitcoin because I believe capitalism is ending. And people don't want to hear that, but I believe it's ending because artificial intelligence and Mark Andreessen talks about this. This is the most unbelievable technology investment like seen I've seen, but the competition is intense and the ability of getting a moat around your business is impossible. You need more storage, you need more places to run these things. The hyperscalers need data centers to supply that. There is a bottleneck that is happening. So the companies, in my opinion, that are going to work this year.

**Anthony Pompliano** (2:12)
What's going on, guys? Today we got a great episode with Jordi Visser. It is a blast and you're going to learn something. We talk about what's going on with economic policy, high growth, low inflation, housing, why President Trump seems so aggressive on geopolitical stage.
What's going on with all of the rare earths and various minerals around the world? And then we also talk about AI, humanoid robots. What's happening with the acceleration, how productivity and growth are coming back? And ultimately, we talk about what's going on in the market and what's going to happen to your investment portfolio. We have a ton of fun and I think you're really going to enjoy this one. Here's my latest conversation with Jordi Visser. All right, Jordi, we got a lot to get through here. So let's talk the economy first. We now are starting to get a lot of data points that I think are showing the Trump economic policies are working. Now, there's plenty of people who don't like the president. They don't like a lot of things that he's doing. But if we just look at the data, it seems like we have backed ourselves into a high growth, low inflation economy. Is that your read on GDP growth, the inflation, the jobs number, et cetera, or do you have some different view?

**Jordi Visser** (3:09)
I don't think at this point, I mean, things could change. I don't think they're going to change much, but there's no way to get around the fact that inflation has been far lower than people thought. And then when you add in, and this is an important part for where we are today, I think people just, they've got short memories. Most economists were calling for a recession.

**Anthony Pompliano** (3:31)
Great Depression.

**Jordi Visser** (3:32)
Yeah. And they were calling for stagflation at the best case, meaning, well, we're going to have a lower growth and we're going to have inflation running on the high side because tariffs are going to go through. Well, both of those were not only wrong, they were wrong in a way that, and I wrote about this this week, I basically said capitalism is effectively fractured and ending. And what I meant by that, as you read through it, is we are having 4% GDP. This, the last two quarters that we have GDP numbers for combined were over 4%. Nominal GDP in Q3 was annualized at 8%.