Episode Details
| Title | Timing Cycle Tops, AI Narrative Trade, and Bitcoin's Nation-State Adoption | Qiao Wang |
|---|---|
| Date | 12/6/2024 |
| Podcast | Empire ↗ |
Key Insights
Bullish:
- 🟢 $BTC - Bitcoin is expected to outperform in the medium to long term, potentially becoming a national reserve asset. The sentiment has shifted from crypto disrupting everything to Bitcoin entering a 'super cycle'.
- “I mean, so there there there is also a sentiment change, from last cycle to this one. Last cycle, everyone in the industry was dreaming really big. Like, crypto was gonna disrupt everything, every sector on the planet. And this cycle, the entire narrative has flipped AI from crypto, and everyone has gone full nihilistic.” - Qiao (20:05)
- “I feel like in the medium to long term, alts will will underperform Bitcoin. Because right now, we're really we're seriously talking about Bitcoin National Reserve.” - Qiao (51:03)
- 🟢 $SOL - 🔒
- 🟢 $TRX - 🔒
- 🟢 $ETH - 🔒
Bearish:
- 🔻 $ALTCOINS - 🔒