Bitcoin or AI? CZ says only one protects against inflation

Binance co-founder Changpeng Zhao argues Bitcoin, not AI, is the asset that protects against inflation, framing BTC as a monetary hedge rather than a competing growth trade. The article says AI has attracted speculative capital away from crypto, but Bitcoin rebounded above $65,000 after softer U.S. producer inflation eased Federal Reserve tightening fears. It also notes that upcoming AI listings and fundraising, including OpenAI and Anthropic-related capital plans, could temporarily compete with crypto for investor liquidity. Still, the piece emphasizes that macro forces such as inflation, interest rates, and global liquidity remain the main drivers of Bitcoin’s price action, making the Bitcoin-vs-AI debate more about capital allocation than a direct asset showdown.