Macro investor Jordi Visser, a three-decade veteran of traditional markets, says his outlook on Bitcoin and the wider cryptocurrency market has shifted markedly, arguing that the convergence of artificial intelligence and crypto infrastructure could usher in a new era of growth for the sector. Visser, who has historically taken a more cautious approach to the markets, was described during the program as someone who has “always gone from bear to bull.” He attributed his optimism to cryptocurrency's transition away from pure speculation and toward real-world use cases.

A market at a critical stage

According to Visser, the cryptocurrency market has now reached a critical stage. He argued that the bullish case is not driven solely by liquidity conditions or money printing, but by the integration of innovation into crypto infrastructure itself. In his view, it matters far more to the market that crypto cease to be mere instruments of price speculation and instead become embedded in daily economic activity.

AI agents at the heart of the thesis

At the center of Visser's argument are artificial intelligence agents — autonomous software programs capable of executing tasks, including payments, without direct human involvement. He contends that high-speed transactions between digital agents in the future will require a payment infrastructure distinct from the current financial system, with stablecoins — crypto tokens designed to track the value of fiat currencies — and blockchain networks such as Ethereum and Solana playing a significant role. Once AI agents begin transacting within the crypto ecosystem, he suggested, their use could grow “parabolically,” and he expects the coming period to be marked by the widespread adoption of consumer-focused AI agents. The claim matters because it treats AI as potential transaction demand for crypto rails, not merely as competition for investor dollars — a tension Visser addresses directly when discussing this year's capital flows.

Bitcoin as collateral, not payments

Bitcoin, however, will not fulfill the same role as stablecoins in this system. Visser argued that Bitcoin's primary function is not as a means of payment, but as a long-term store of value and a collateral asset — property that can be pledged to back loans and obligations across financial markets. He noted that Bitcoin has been chosen by hundreds of millions of people as a digital store of value, and considered its survival through numerous bear markets a significant indicator of resilience.

In Visser's assessment, Bitcoin is one of the few assets that will be completely unaffected by future technological transformation. While artificial intelligence can rapidly reshape companies, business models, and existing investments, he argued that Bitcoin can provide long-term portfolio protection against other assets. Its importance, he said, stems not from the expectation that it will necessarily rise when the market falls in the short term, but from its high probability of surviving in the face of technological change.

Capital rotation and the traditional finance bridge

Visser acknowledged the main problem Bitcoin has faced recently: investors have been seeking higher returns in other areas, and the rise in AI investments in the first part of the year did not create a strong reason to turn to Bitcoin. Even so, he argued that the connection between traditional finance and crypto is beginning to strengthen, and that tokenization, the practice of representing traditional assets as digital tokens on blockchains, along with Ethereum, Solana, and other blockchain infrastructures, can attract significant capital to the sector. According to Visser, this capital inflow will also benefit Bitcoin over time. On his framing, the markers to watch are the pace of consumer AI-agent adoption and the growth of tokenized-asset infrastructure on networks such as Ethereum and Solana.

He also believes Bitcoin's past ideological identity is changing. The asset has moved from an initial investor base that advocated independence from governments and decentralization to a broader investor base focused on portfolio diversification — a shift he interprets as the result of systems merging over time rather than completely eliminating each other.

A 20-year conviction

Visser recently issued some of his strongest statements on Bitcoin's long-term future. He stated that Bitcoin is the only technology he is confident will still exist — both within the crypto ecosystem and within the current fiat system — 20 years from now. While technological innovation can rapidly transform many other assets and companies, he argued, Bitcoin will be able to maintain its role as “collateral” and “stability” within the system.

This is not investment advice.

Source: CryptoNewsNet, Bitcoin Sistemi