Renowned macro strategist and former derivatives trader Jordi Visser appeared on a podcast and made groundbreaking remarks about the U.S. economy, the transformative power of AI in markets, and the future of cryptocurrencies.
According to Visser, the Fed is trapped in a debt spiral, and Bitcoin’s unstoppable rally will begin toward the end of the year.
Visser said on the New Era Finance Podcast that the Federal Reserve is unlikely to raise interest rates given the U.S.’s unsustainable debt burden, arguing that the impasse represents a “historic escape” for Bitcoin and crypto assets.
Visser said the current economic climate is completely different from the timing of a rate hike in 2022, noting that the U.S. government’s debt interest payments exceed $1 trillion a year, exceeding the defense budget.
Visser said, “Inflation has to rise more than interest rates, making the economy hot. Only then can tax revenues exceed debt service. Because of the debt spiral, the Fed can’t raise interest rates. Bitcoin was invented precisely for this unsustainable debt situation.”
The renowned strategist slammed claims that the stock market is a “bubble”, pointing to a 27.5% increase in corporate earnings and falling price-to-earnings ratios, and arguing that the market is based on entirely rational principles.
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Visser said the real big change in market structure is the introduction of artificial intelligence (AI) agents, and human emotions are starting to disappear from the market.
“Humans are driven by emotions such as greed and fear. Fear is personal and we worry about whether we can afford to pay our bills. But AI agents have no such worries. They just consume tokens and processing power. The proportion of markets dominated by emotionless actors is increasing every day.”
While artificial intelligence may disrupt traditional software companies (such as Salesforce and Adobe), it will not be able to replace an asset with absolute scarcity like Bitcoin, Visser added, describing Bitcoin as “the purest AI investment.”
He argued that in the future, shortages of energy, transformers and chips will be solved with the help of artificial intelligence, but the amount of Bitcoin can never be increased as it is limited by the code.
The experienced trader, who said he strictly follows the “Elliott Wave” theory in his technical analysis, claimed that the crypto market is currently on the verge of the most aggressive and profitable “third wave”.
Jordi Visser, who expects Bitcoin to hit a new all-time high (ATH) by the end of the year, said institutional investors and baby boomers continue to quietly enter the market through ETFs.
*This is not investment advice.
