CZ: AI cannot solve inflation problem, Bitcoin has unique value storage properties BlockBeats News: On July 20th, Binance founder CZ recently posted on social media that artificial intelligence (AI) and Bitcoin (BTC) serve different functions. AI drives productivity improvement, while Bitcoin is used to combat inflation and protect wealth. CZ said, 'AI is great, but it cannot protect you from inflation, Bitcoin can.'. CZ believes that the market often sees AI and Bitcoin as two popular investment themes, but their essence is not the same. AI is a technology that enhances enterprise efficiency and economic productivity, while Bitcoin is a digital asset with a fixed supply. He pointed out that the AI industry is rapidly developing, with global enterprises continuously investing billions of dollars in infrastructure construction such as AI software, data centers, and chips, and driving changes in multiple industries such as healthcare, finance, and manufacturing. But AI companies can issue more shares, raise funds for expansion, and the investment value still depends on the company's business performance and market competition. In contrast, the total supply of Bitcoin is fixed at 21 million coins, and holders possess non dilutable scarce assets. CZ believes that this characteristic endows Bitcoin with a long-term value storage property, providing protection when the purchasing power of fiat currency decreases due to inflation. CZ has previously stated that the AI boom may attract some of the funds that were originally flowing into the Bitcoin market. As AI companies such as OpenAI and Anthropic gain more capital attention, some investors may sell other assets to allocate AI related investments. However, CZ believes that AI and Bitcoin are not in a competitive relationship and should be seen as complementary assets: AI drives technological progress and productivity improvements, while Bitcoin provides a value storage method that is not affected by supply expansion. [Original link]