Bitcoin Is Headed to $1 Million

Relai co-founder Julian Liniger expects the current AI investment boom to eventually generate returns that flow into Bitcoin, the world's scarcest asset, driving its price to $1 million. He acknowledges Bitcoin is in a short-term bear market while AI attracts capital. - AI hype will slow but investment in building the AI industry continues for the next year or two. - These AI investments will produce significant productivity gains and corporate profits. - Return-seeking capital will then naturally flow into the hardest and most scarce asset: Bitcoin. - Liniger is 100% convinced Bitcoin will reach $1 million or more in the long term. - Short-term, Bitcoin is in a bear market as money flows into AI and other booming assets.