I believe that during this period, the pessimism towards cryptocurrencies has reached its peak. People's disappointment with the industry is also approaching an all-time low. In fact, if we analyze it, we can see that the ultimate outcome might be that AI replaces all human jobs, and even AI begins to participate in government policy decisions, healthcare, legal services, programming, and food production through factories. Their marginal costs would approach zero. AI can optimize supply chains 24/7 without rest, reducing waste.

Humans would then enter a super-deflationary market. But this is a dynamic process—a story of boiling frogs in warm water. On the path of replacement, it’s foreseeable that humans will experience a brief period of pain, with increasing unemployment. Governments will need to prepare UBI and social welfare—essentially a universal basic income—to ensure humans can at least survive.

This is also one of the most discussed possibilities regarding future social structures—balancing national algorithm sovereignty and human rights. Governments facing waves of unemployment and bankruptcy will need to support humans, develop AI, and respond to wars, which could lead to massive monetary issuance. This is the fundamental reason and timing for the explosive growth of cryptocurrencies—a 10-30 year period of hyperinflation and the Great Depression era. Gold can be confiscated, stocks can be canceled. Bottoming out and accumulating BTC are the last means to oppose fiat currency.

So I’m not worried about FUD—buy more as prices fall, hold spot for 5-10 years. Because the hyperinflation in the fiat system is essentially a bug hardcoded into the development system.