AI And Cryptocurrency: Strategies For Maintaining Dollar Dominance

According to BlockBeats, Tianfeng Securities released a report on January 12, stating that artificial intelligence (AI) represents Plan A for maintaining the dominance of the US dollar, while cryptocurrencies serve as Plan B to hedge against challenges to the dollar's status. The report emphasizes that energy is a crucial factor for both Bitcoin and AI, highlighting that the essence of currency is credit, which is fundamentally linked to order, technological competition, and energy efficiency. Tianfeng Securities notes that over the past two years, gold has benefited from the trend of de-dollarization, becoming a favored asset among investors. However, the report suggests that the Make America Great Again (MAGA) movement cannot tolerate any threats to the dollar's supremacy. As a result, former President Trump may need an alternative strategy to uphold the dollar's position. This alternative must be something the United States can control and influence. While gold is likely no longer a viable option, cryptocurrencies, particularly Bitcoin, might still have potential. The report concludes that the essence of currency lies in credit, and if credit is lacking, it must be infused.