Why AI’s Deflationary Shockwaves Will Drive Bitcoin to Monetary Supremacy

The first thing that hits you on a Wall Street trading floor isn’t the smell or the flashing screens. It’s the sound. Clicking keyboards, chirping sales assistants, bellowing managing directors and the hum of the hive as they collectively do deals.

In my first week, I figured out you could tell how the day was going by the tone of that sound alone. I also figured out that the kid whose father ran a hedge fund got the good tips so he got to hang out with the MDs, and the rest of us got to fetch the coffee. I didn’t have the right last name, the right summer house, or the right opinion on sailboats, so I learned to look for other things.

I learned to look for the arbitrage in everything.

There was an arbitrage in knowing which analyst was about to get fired and an arbitrage in knowing which IT guy could get you a faster terminal. And there was a big one, I found, in listening to the people everyone else was paid to ignore. That habit led me to leave the whole gilded circus of Wall St beh…