Press Space to continue
AI Employee Wealth Could Drive Significant Bitcoin Inflows
Press Space to continue
Dragonfly's @hosseeb explains why the Anthropic and OpenAI IPOs could disproportionately benefit Bitcoin as billions flow to a generation of AI employees already unusually exposed to crypto: "A lot of this money is gonna get plowed into SF real estate. That's obvious." "Controversial part of my post is that this is going to have a disproportionate effect on crypto. If the base rate of people who own crypto or have a positive affect toward crypto in the labs is something like 25%, that's still…
231208649@231208649Aug 31
The Anthropic & OpenAI IPOs will be the largest ever liquidity transfer from global institutions to SF futurists. And what will they plow their money into? I expect the two most concentrated beneficiaries will be SF real estate, and crypto. Employee lockups expire usually 180 days out from IPO. Anthropic IPOing by mid-October, so expect this to start in April 2027 and continue with OAI's IPO next year. Watch this space.
View