AI Is Eating Software Alive—But Bitcoin Gets a Free Pass: Visser Sets $76K Liftoff Level

Veteran macro investor Jordi Visser, with over three decades of experience, says the markets are entering a major rotation phase—and Bitcoin and AI hardware are positioned to be the biggest winners. Buckle up, degens.

Speaking on Anthony Pompliano's program, Visser made some bold calls about where capital is flowing next. The key thesis: AI is crushing traditional software, but Bitcoin, semiconductors, and commodities are emerging as the new cycle's central plays. Move over, SaaS lords—hardware season is back, baby.

Visser argued that investors are making a critical mistake by equating artificial intelligence with traditional software companies like SaaS providers. "AI has made coding almost free and readily available," he noted. "All business models built on code are under serious margin reduction and competitive pressure." Translation: if your business model is just shipping code, AI just ate your lunch and is now eyeing your dessert.

The implication? Giants like Salesforce and Adobe are in for a rough ride, while hardware and infrastructure plays like Nvidia, Dell, and Corning are poised for continued parabolic growth. Meanwhile, software CEOs are reportedly stress-eating their way through Q2 earnings calls.

On Bitcoin specifically, Visser pointed out that the cryptocurrency has recently broken its correlation with software stocks. His take: "Bitcoin is the only code that cannot be destroyed by artificial intelligence. It's not a business, not a company with fundamentals—it's a pure rarity asset." In a world where AI can write code better than your junior dev, BTC is the one thing that can't be prompt-engineered into existence. Take that, LLMs.

For the bulls waiting for confirmation, Visser laid out specific levels: Bitcoin above $76,000 alongside Ethereum surpassing $2,400 would signal the start of a sustainable, major bull rally this year. Write these numbers on your bathroom mirror. Or your trading journal. Or your forehead. No judgment here.

On the macro front, Visser expects inflation to stick around rather than cool off—potentially pushing CPI above 5% due to rising food and energy costs. With the Fed pausing rate cuts and inflation eating into real returns, he sees demand for scarce assets like Bitcoin only increasing. Nothing says "store of value" quite like watching your fiat melt while your neighbor's grandma finally asks about crypto at Thanksgiving.

*This is not investment advice.