Why Bitcoin Will Hit $150,000 Sooner Than You Think | Jordi Visser
The Pomp Podcast
The Rising Tide of Electricity Prices and AI's Role in Future Efficiency
This chapter explores the surge in electricity prices tied to the increasing demands of artificial intelligence and technology. It discusses the potential for a national emergency declaration and examines the long-term reliance on AI for energy efficiency amidst immediate challenges of escalating utility costs.
Jordi Visser is a macro investor with over 30 years of Wall Street experience. He also writes a Substack called “VisserLabs” and puts out investing YouTube videos. In this conversation we talk about the bad jobs report, what will happen with inflation and the fed, when bitcoin will break out, artificial intelligence, Tesla, and why asset prices will keep going higher.
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TimeStamps:
- 0:00 - Intro
- 1:49 - Current state of the economy
- 9:17 - Has the fed and government outlawed bear markets?
- 11:30 - What is going on with bitcoin?
- 22:38 - Tesla, humanoid robots, & Elon Musk
- 36:28 - Should we be worried about electricity prices?
- 39:42 - What can be done about housing national crisis?
- 44:34 - Trump administration communication style
- 49:51 - Should fed cut 50 bps?
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