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Title: Balaji Srinivasan on Bitcoin and AI: “Going Vertical”
In a recent conversation, tech veteran Alan Knitowski noticed the astonishing similarities between the growth of Bitcoin (BTC) and the internet. His findings have sparked a new wave of excitement among cryptocurrency enthusiasts and analysts alike.
According to Knitowski’s chart, the adoption rate of Bitcoin is eerily reminiscent of the global web’s early days in 1999. While it may seem counterintuitive that Bitcoin could surpass the internet in terms of growth speed, the data suggests otherwise.
Balaji Srinivasan, a prominent figure in the crypto and AI spaces, recently shared his insights on the potential future trajectory of both these phenomena. He emphasized that both Bitcoin and AI are poised to “go vertical,” meaning their growth will accelerate rapidly, potentially leading to exponential increases in adoption.
Srinivasan’s statements were inspired by Knitowski’s findings, which indicate a remarkable similarity between the early stages of internet development and those of Bitcoin’s current situation. Given these parallels, it is essential for investors to pay close attention to how this space continues to evolve.
In his interview, Srinivasan stressed that this vertical growth is a normal part of the natural process when an innovation becomes widely accepted. He noted that the early days of the internet witnessed a similar rapid increase in adoption as users gradually became aware of its potential benefits and applications.
The implications of these observations are far-reaching and may have significant consequences for both investors and the broader crypto ecosystem.
Source: u.today
