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The growing dissatisfaction among the youth is driving the price of BTC.
The younger generation is disappointed with the current financial system, calling for a socialist model funded through increased public spending, which will drive the price of Bitcoin higher in the long term, according to market analyst Jordi Visser.
"Young people no longer have faith that the system will recover. They feel that the situation is getting worse year by year," Visser emphasized.
"The more people feel angry, the more the government has to print money," he added. "That is why the price of Bitcoin will not stop rising, despite what people say. It will gradually replace many fiat assets over time," the analyst concluded.
Experts continue to predict and discuss the impact of the changing socio-political context on the adoption and value of Bitcoin, as traditional financial systems and classic institutions are increasingly being eroded.
Can AI and clone robots make capitalism obsolete? Analysts also warn that sufficiently advanced AI and other automation technologies, such as clone robots, could completely undermine the capitalist system by concentrating wealth and permanently reducing the demand for human labor, forcing society to restructure. Visser shares with Pompliano:
"I started this journey in 2013, researching exponential innovation and the dangers it may pose to the structure of capitalism. If inequality continues and a few individuals hold the majority of the wealth, we will soon face serious issues."
According to analysts, humanoid robots and self-driving cars will become a common commercial reality within the next five years.
"When you start bringing technology like Waymo into Manhattan, that will be a wake-up call. We have seen pushback from Uber as it expands its operations globally," Visser emphasized.
Mr. Teacher