Sep 12, 2026 · 54 min
Bitcoin and AI challenge traditional market assumptions
Why Bitcoin Wins No Matter What The Fed Does | Jordi Visser
The conversation connects monetary policy, institutional adoption, regulation, and technological acceleration to a broader case for rising risk assets.
- 1Bitcoin’s outlook may depend less on the Federal Reserve’s next move than on adoption, regulation, and changing market structure.
- 2Tokenization, prediction markets, perpetuals, and AI tools are converging into a continuous financial ecosystem.
- 3AI’s rapid progress creates both enormous investment potential and urgent cybersecurity risks for critical infrastructure.
Don't miss
Jordi Visser argues that a Federal Reserve hike, dovish message, or unchanged policy could each leave markets positioned for upside.
The brief
Jordi Visser and Anthony Pompliano frame the episode around a contrarian question: can Bitcoin and other risk assets rise regardless of the Federal Reserve’s next decision?
Visser links that view to dynamic thinking, institutional adoption, regulatory clarity, and a financial system where crypto, traditional markets, and AI increasingly operate together.
Robinhood’s trading platform, Ethereum-based chain, prediction markets, perpetuals, and AI tools illustrate the emerging 24-hour ecosystem Visser believes investors are still undervaluing.
The conversation then turns to AI’s acceleration, from mathematical breakthroughs to cyberattacks on medical companies and power infrastructure, making technological progress both an opportunity and a security problem.
Visser closes by comparing the scale of AI companies such as OpenAI and SpaceX with Bitcoin, arguing that markets may be underestimating the durability of the opportunity.
What was said on this episode
33 statements · 21 positive · 6 negative · 1 mixed · 5 neutral
Crypto will rise faster than widely expected.
“I think crypto would go up far faster than people realize.”
Listen at 0:50
Bitcoin could reach $100,000 if regulatory clarity arrives.
“Big 100K, if we get clarity? Yes.”
Listen at 0:54
The AI trade has no sensitivity to interest rates.
“there is no rate sensitivity to the AI trade. Zero.”
Listen at 2:48
AI progress is accelerating on a daily basis.
“Progress is moving right now at a pace so fast and is accelerating by the day.”
Listen at 3:03
Household net worth is rising as profit margins and stocks increase.
“the household net worth is going higher because profit margins are booming and the stock market's going higher.”
Listen at 5:12
Crypto is at the beginning of a major bull market.
“I think we're at the beginning of a megable market.”
Listen at 11:45
S&P 500 earnings will rise 20 percent next year.
“I know the earnings of the S&P are going to be up 20 percent next year.”
Listen at 12:37
The economy will not enter a recession.
“I know there's not going to be a recession.”
Listen at 12:41
Crypto valuation metrics have not yet been established.
“For crypto to be valued as something, we don't know what the metrics are going to be.”
Listen at 14:40
Tokenization network effects will emerge.
“the network effects will kick in.”
Listen at 15:25
Robinhood exemplifies the convergence of macro, crypto, and AI.
“Robinhood is the company to go look at to figure out what this means in terms of this merge that's happening.”
Listen at 19:56
Trust and transaction velocity will increasingly determine value beyond revenue.
“I believe that we are leaving a world of revenues and we are entering a world of two things that have value. Trust.”
Listen at 21:53
Ethereum is currently outperforming major assets by a wide margin.
“Ethereum is by far the best performing asset, like not even close.”
Listen at 24:34
Stocks will rise alongside the next crypto advance.
“the next thrust to me, stocks will go up with crypto with it.”
Listen at 24:59
Regulatory clarity would immediately increase crypto ecosystem valuations.
“If clarity goes through, I think the ecosystem will be valued higher immediately”
Listen at 27:11
Regulatory clarity would enable pension-fund crypto investment.
“I think this opens up investment from pension funds”
Listen at 27:15
Further AI progress should be expected to create problems.
“any progress in AI from this point, we should be expecting there to be problems.”
Listen at 29:02
AI is already having a major impact.
“the reality is ai is here and it has a huge impact”
Listen at 32:10
AI breakthroughs are changing the S&P 500’s long-term value.
“we're talking about terminal value for the S&P 500 changing”
Listen at 33:31
AI breakthroughs may prevent traditional mining companies from ever becoming profitable.
“I think you have a question of whether these companies that are doing old traditional things of mining are really going to be able to make money ever again.”
Listen at 33:47
Markets are substantially undervaluing current AI progress.
“The market's completely mispriced relative to the progress that's happening.”
Listen at 35:11
The market will eventually surge sharply upward.
“And at some point it explodes higher.”
Listen at 35:18
Markets benefit when anticipated events pass as expected.
“the best thing for the market is just getting through the events and having what was expected.”
Listen at 36:01
The Fed probably will not raise rates 25 basis points.
“I don't think it's going to happen.”
Listen at 36:32
A dovish Fed hike would be the most bullish market scenario.
“the one that's the most bullish for the market”
Listen at 36:42
Ten-year Treasury yields must rise substantially to restrict the economy.
“10-year rates need to be significantly higher to be restrictive.”
Listen at 45:03
Ten-year yields theoretically should be 8% given 6% nominal GDP.
“nominal GDP is 6%, so theoretically you should be 8%.”
Listen at 45:13
Investors should not bet against U.S.-backed AI development.
“why would you bet against this? Like, why would you be fighting against it now?”
Listen at 48:32
Kevin Warsh supports crypto and Bitcoin.
“he's pro crypto, pro Bitcoin.”
Listen at 48:46
Investor worries are suppressing current market levels.
“The reason the market isn't higher is because of the worries people have.”
Listen at 51:34
Bitcoin’s current market capitalization is approximately $2 trillion.
“The beauty of Bitcoin at this point. is this magical number for me of $2 trillion.”
Listen at 51:44
Bitcoin, SpaceX, Anthropic, and OpenAI together represent $8 trillion of future importance.
“That is $8 trillion worth of things that, in my opinion, are so important to the future”
Listen at 52:35
Amazon’s stock rose 17,000% from 1997 to 2013.
“How can Amazon? be up 17,000% since 1997.”
Listen at 53:08
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.