Bitcoin OG's Stunning Admission: AI Now Dominates Macro Trend

Lao Mao, a prominent figure in the Bitcoin community, shared his insights at the Money Frontier 2026 New Infrastructure Intelligent Computing Summit on July 27. According to him, he has been convinced for over a decade that the biggest macro trend is governments printing excess fiat currency, and Bitcoin serves as a hedge against this overissuance.

However, Lao Mao recently realized that the narrative driving Bitcoin's value has diminished. The emergence of AI has led to a significant shift in capital flows, with investors moving away from Bitcoin towards AI. He believes AI has become the new macro trend and a 1,000-watt lamp that has illuminated the world.

Lao Mao thinks that the AI narrative still has at least 2-3 years of room for growth and will be the engine of global economic growth for the next decade. While he remains optimistic about Bitcoin's potential, he acknowledges that the era of holding only BTC is over, and it should now be considered just one allocation.