How Bitcoin Reaches $11 Million by 2036 w/ Strive's Joe Burnett

What happened

Joe Burnett of Strive argues that AI will lower the cost of producing assets like gold and real estate, making Bitcoin the only scarce store of value. He predicts Bitcoin could reach $11 million by 2036.

Confirmed

Global impact / market context

If AI reduces production costs for traditional assets, investors might shift toward Bitcoin as a hedge. This could increase demand for Bitcoin, potentially raising its price and changing how people view wealth storage.

Analyst inference

AI spending has pulled cash away from Bitcoin, according to Burnett. As interest rates and government debt influence markets, Bitcoin's scarcity may become more attractive, possibly drawing capital back from assets that AI can produce more cheaply.

Analyst inference

What to watch

1. Watch whether AI actually makes gold mining from the ocean floor economical, as Burnett suggests. This would confirm his assumption that traditional stores of value lose their scarcity advantage. Confirmed
2. Consider monitoring Bitcoin's volatility over time. Burnett says declining volatility makes Bitcoin more appealing to large investors, so a continued trend lower could signal growing institutional adoption. Proposed
3. Track whether AI capital spending continues to divert investment away from Bitcoin. If AI spending slows, more investor cash could flow into Bitcoin, potentially supporting its path toward the $11 million target. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• youtube.com