Crypto
💀Crypto Analyst Declares Software Assets Dead, Commodities King
The Rundown: Jordy Visser from 22V Research predicts AI will compress software multiples to zero, recommending investors go long on commodities and compute while shorting code-based assets.
The details:
- ●Tesla, SpaceX, and xAI are building a Terrafab chip manufacturing facility in Texas capable of producing 100-200B units per year
- ●Geoffrey Kendrick from Standard Chartered estimates $1T in emerging market savings will flow into stablecoins under the GENIUS Act
- ●Anthropic accidentally leaked Claude Mythos, a new model tier above Opus with superior cybersecurity capabilities, causing cybersecurity stocks to drop 3-7%
- ●Luke Leasure found strong correlation between onchain yield curves and Bitcoin forward returns using sUSDe token analysis
Why it matters: If this thesis proves correct, it signals a fundamental shift in how technology creates value - from proprietary software to scarce compute and data resources. SaaS founders should consider how to defend against AI commoditization, while infrastructure and hardware companies may see unprecedented demand.
📰 Source: Milk Road