Bitcoin Underperforming? Why Stocks Are Soaring!

追加: 2026-06-01

[00:00:00]I get it. But, I argue that many investors are asking the wrong question here. To start, I want to reframe the question from why is Bitcoin underperforming to why are stocks going up in the first place? And the simple answer is that the money is broken. When your money loses value every year, you can't save. So, you turn to speculation.

[00:00:18]You have to find something that outpaces the printer. That's the stocks trade right now. It's not so much an investment as it's desperation dressed up as genius. Now, look, AI is real.

[00:00:28]It's going to change the world, and the transformation happening underneath it is legitimate. But, the speculative frenzy on top of it, that's not so much about the technology. It's about the money. Everyone is piling in because when money is dying, even a real revolution turns into a bubble. The bets get bigger and bigger, and the time horizons get shorter and shorter. People aren't buying AI because they've studied the fundamentals. They're buying it because it's the hottest and fastest horse right now, and they desperately need to outrun inflation.