
The episode discusses the current state of AI and crypto, with a focus on Bitcoin's perceived lack of utility and the implications of SpaceX's financial strategies.
The full crew is back (Demetrick, Dr. Corey Petty, and Jesse) for an episode that earns its title. AI plus crypto equals meh, and the guys are not pretending otherwise. The headline: Corey is selling a chunk of his crypto. And this time it is different. Every previous sell signal from him has been triggered by the market getting too frothy. This one is not. He is selling because Bitcoin is officially boring. The technology is not delivering the kind of utility that justifies sitting on a speculative asset for another cycle, and the Petty House Index is flashing (he is not buying a house, he is buying a workshop the size of one). The guys debate Hodl Plus versus loans against collateral, and whether the upside math still works when nothing exciting is shipping. From there it gets spicy. SpaceX needs exit liquidity. The AI IPO musical chairs game is in full swing. The guys break down the theory that Elon needs the SpaceX listing to succeed so he can eventually merge it with a Tesla that cannot survive on its own. Then the real fight starts. Demetrick argues AI is a weapon, the military is already three to seven years ahead of what the public sees, and every CEO with a leather…
Hosts: Demetrick Ferguson, Corey Petty, Jesse Santiago
Organizations: SpaceX
Explore listener stats, chart rankings, contacts and more on the The Bitcoin Podcast podcast page.