Hayes: Bursting the AI Bubble Will Boost Bitcoin

Expert Arthur Hayes predicts a potential burst of the artificial intelligence bubble, which in the long term could be a positive factor for the cryptocurrency market.

The current race to invest in data centers and computing power has reached trillion-dollar scales. However, companies like OpenAI, Anthropic, and xAI have yet to build a sustainably profitable business model.

Excess Capacity and Liquidity Crisis

Subscription revenues do not cover the real costs of computing. This creates a risk of infrastructure oversupply and a subsequent crash in asset values in the AI sector.

Market rescue is expected through new economic incentives and an influx of liquidity. Excess free funds are traditionally directed by investors into scarce and risky assets.

Impact on Bitcoin and New Solutions

For Bitcoin, this scenario is potentially bullish. The reduction in computing costs after the investment crash will make AI agents cheaper and accelerate their mass adoption.

In response to these changes, Arthur Hayes presented the FLOP project — a payment network and currency designed specifically for interaction between AI agents.