🥛 'BTC is the purest AI trade' 💅

GM. This is Milk Road, the crypto newsletter that comes in hotter than a maxi defending their bags on Twitter.

Here’s a taste of this week’s menu:

• 🔥 BTC is the purest AI trade you can buy.
• 🥵 Crypto OGs are annoyed that BTC got too corporate.
• 🌶️ Stock certificates are truly archaic.

2022 killed crypto lending. Nexo survived - and is now the 3rd-largest crypto lender in the world. We asked their US COO how. Watch here.

HOT TAKES OF THE WEEK 🔥

Bitcoin is the purest AI trade you can buy 🤖

Jordi Visser (Founder of Visser Labs) says everyone keeps framing the AI trade as Nvidia and Micron, but he sees it differently.

He's been calling Bitcoin "the purest AI trade" for over a year, arguing that billions of AI agents are useless without financial rails to actually transact on, and that's exactly the role crypto fills.

Jordi thinks that thesis just hit its trigger point:

The biggest short squeeze in crypto history added $500B to the crypto market cap in a matter of days, and he's now calling for the entire space to hit $50T to $100T within five years.

He's not ignoring the memecoin frenzy on Robinhood chain either, seeing it as the same retail energy that shows up right before institutions pile in.