Greg Cipolaro, head of research at NYDIG, suggests that Bitcoin could benefit if artificial intelligence (AI) disrupts the labor market or causes economic volatility, leading central banks to adopt looser monetary policies. Cipolaro highlights that AI, as a general-purpose technology, will impact employment and economic growth, which in turn will affect Bitcoin. He notes that AI-driven growth, coupled with liquidity expansion and controlled real interest rates, would support Bitcoin. However, if AI leads to higher real yields and tighter policies, Bitcoin might face pressure. Cipolaro anticipates AI will integrate into the economy, following historical technological development patterns.
NYDIG's Cipolaro: AI-Induced Monetary Easing Could Boost Bitcoin
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