👌 Bitcoin could reach $11,000,000 by 2036. The Vice President of Bitcoin Strategy at Strive Asset Management believes the main driver of the next decade will be the collision of two forces: technological deflation driven by AI and continuous monetary expansion in response to it. ➥ AI creates structural deflation. Automation reduces costs, compresses margins, replaces white-collar labor, accelerates production, and intensifies competition. Prices for goods and services structurally decline. ➥ In a debt-based fiat system, sustained deflation is dangerous. When wages and prices fall but debt remains fixed, it increases the risk of a credit spiral. ➥ Policymakers won’t allow prolonged deflation. The response: rate cuts, central bank balance sheet expansion, and growing liquidity. ➥ A new normal emerges — permanent productivity deflation + permanent monetary expansion. ➥ Excess liquidity seeks an asset that cannot be diluted.