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The AI bubble will push people into Bitcoin whether people want it or not

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I was watching a video made by people that usually invest in stocks are rethinking the stock market because they "don't reflect reality".

According to the video the problem is not the stock valuations themselves but that they reflect internet narratives, meaning stock prices are 100% steered by narratives. Behavioural investment. Narrative investment basically. Reddit, social media, influencers, etc.

In 2020, there was a massive influx of money (massive Covid QE, etc) and new investors, influencers, content, social media. Everybody was at home, investing really became a thing. Robinhood, S&P500, equities went mainstream as a both growth and a store of value as a whole. The S&P500 became a mainstream narrative, etc.

Fast forward and there are doubts. My question is, what if we are in 1999? And the S&P500 is about to lag for another 5 or 6 years?

Because it's all about the narrative. What is the narrative that will sustain growth investment in the equity markets overall? What are the companies that will lead this?

Go check out stock subreddits. There's doubt already and they don't have a cohesive narrative. They are not agreeing on which stocks will grow.

There is no coherent narrative that serves the stock market and the economy. Without a narrative can the stock market really have a future?

There are 8M people are on this sub. Let's say stocks have about 20M. That's quite a big narrative power Bitcoiners have. And everybody knows this. If there's one thing Bitcoiners are is persistent. Cult-like persistence. Very cohesive narrative. Solid fundamentals.

And my point is this, don't you think that will become interesting in a world with massive cash gains, low interest rates, no cohesive economic/equity narrative and an appetite for high growth investment?

Where do you think all these people go? There will be no narrative convergence. AI was their narrative and that's coming to an end. And all of the sudden, here's those Bitcoiners again saying the bottom is in and it's to the moon from here.

Money will be lost, minds will be changed. In my opinion...

What do you think?

submitted by /u/HorizonThought
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