Strive CEO: AI Transforms Business Structures, Companies Need to Hold 'Scarce Asset $BTC '

Strive CEO Matt Cole stated that AI has rendered many products that were once profitable completely worthless. He cited the tax software TurboTax, which may be replaced by free AI models in the future, causing companies to be unable to earn money from these businesses and forcing them to find new ways to preserve the value of their assets or profits.

He believes that Bitcoin $BTC is the 'ultimate scarce asset' and is suitable as the core of a company's long-term capital allocation.