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$XSOLUTAI

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Total Engagement - Comments: 1, Retweets: 0, Likes: 8, Impressions: 101

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@WOLF_Bitcoin_

FUNDSTRAT'S TOM LEE JUST INTRODUCED A CONCEPT NOBODY IS TALKING ABOUT YET He calls it the uncanny valley of wealth. Here's what he said: "There may be a point in time where if our delegated agents make more money than us, we're gonna wonder if we work for them or they work [Spoken audio]: You know, and I'm going to call that the quote uncanny valley of wealth, that there may be a point in time where if our delegated agents make more money than us, we're going to wonder if we work for them or they work for us. And I think that that is the reason why crypto and a lot of the technologists are starting to realize that crypto is really one of the ways for humans to control the future role of agents. So, I think those two mega trends are still in place, but crypto prices have been absolutely terrible this year. I think part of it is macro, you know, the monetary policy is not dovish, it looked dovish six months ago, right, and market was looking for two cuts an ounce, two hikes. That's a headwind. The Clarity Act, which was supposed to help provide and create federal preemption of cryptocurrency rules and let the CFTC essentially have purview over that industry. You know, that's still stuck in the Congress processes. And AI, of course, has done so well that it's not only taken away attention, but it's actually taken away investor capital. So I think those are, to me, headwinds, but they're not creating what I call intermodal replacements. I think blockchain is still going to be central to the future of the financial services in street and actually to how we manage AI.

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