Valuetainment - June 12, 2026


“The Bitcoin Burrito” - Bitcoin vs AI： Where Should You Invest？

Topics
AI investments and government initiatives
Hosted by
Patrick Bet-David
Mentioned
Bitcoin Antonio Gracias Jason Calacanis Dan Martel Elon Musk Stephen Bartlett Inverse Kramer Joe Montana Ron Paul Jerry Rice Sylvia
“This Is An EMBARRASSMENT” - World Cup Matches THREATENED By L.A. Strike CHAOS ＂We Raised $700K to Defend a KILLER＂ – Andre Williams Rips the Karmelo Anthony Case Wide Open

Episode Stats


Length

7 minutes

Words per minute

214.89

Word count

1,684

Sentence count

158

Harmful content

Toxicity

2

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode of the Bitcoin and AI podcast, I'm joined by my good friend and long-term Bitcoin fan, Tom Perla. We talk about the current state of Bitcoin, AI, and what it means for the future of Bitcoin and other cryptocurrencies.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Bitcoin hitting $250,000, and Jason from All Insane,
00:00:04.160 take all your money away from crypto and put it into AI.
00:00:07.160 If you're in crypto, pivot to AI.
00:00:10.460 But look when he tweeted it.
00:00:11.840 Yes, in 2023.
00:00:13.120 2023.
00:00:13.640 Which, by the way, that's a pretty good pivot.
00:00:15.260 He nailed it.
00:00:16.380 People gave Jason Kalkanis a hard time.
00:00:19.120 People should have listened.
00:00:20.220 Maybe I should have listened to him.
00:00:21.540 If you were, no.
00:00:22.860 No, look, I've always believed that when I buy things,
00:00:26.540 I try really hard never to sell them.
00:00:28.560 And so there's nothing you're going to do to convince me to sell my Bitcoin.
00:00:32.840 But I did.
00:00:34.260 Maybe I'm a good example.
00:00:36.200 We built Sylvia, right?
00:00:37.460 We started to use the new technology.
00:00:39.280 I've always been industry agnostic, interested in technology, right?
00:00:43.260 Bitcoin was one technology.
00:00:44.820 We've got AI, et cetera.
00:00:46.440 But I do think that there's-
00:00:47.760 Are you more pro?
00:00:49.200 Are you more optimistic with Bitcoin today or AI?
00:00:52.280 I think that they actually reinforce each other.
00:00:54.680 And if you think about what does AI do?
00:00:56.380 AI is, from an offensive perspective, it's going to help companies go make money.
00:00:59.260 It's going to be abundance, right?
00:01:01.520 It's going to create a lot of stuff.
00:01:03.880 Bitcoin is all about scarcity.
00:01:05.160 So in a world of abundance, scarcity becomes more valuable.
00:01:07.640 I think that Bitcoin will still continue.
00:01:09.060 Let me ask the question a different way.
00:01:10.360 So I know you're running for office with Bitcoin, the way you gave the answer.
00:01:13.540 What is more likely to 10x faster?
00:01:16.520 Bitcoin, if I take a million dollars and I put it in Bitcoin or if I put it in AI,
00:01:21.860 what's more likely to 10x?
00:01:23.500 It depends what in AI, but AI for sure.
00:01:25.520 AI. Well, think about Bitcoin has gone, I mean, it's a trillion and a half dollar asset, right?
00:01:30.340 It lost $235 billion, the recent one that they had. It's down to 60, I don't know where it's at,
00:01:35.000 62K right now. If you had asked me, so in 2018, the bear market, that's when I first started
00:01:40.220 really going on television talking about it. And I used to think like, these people think I'm an
00:01:43.560 idiot, but I can't believe how easy this is going to be because the thing just fell 80%. 0.96
00:01:47.880 If you start talking about an asset after it's down 80%, the odds is, as long as it goes back 0.99
00:01:52.440 at an all-time high, you look like a genius, right? And so that's a very different story
00:01:56.480 than now when you're talking about when it's $60,000. And so I think that Bitcoin, just given
00:02:00.340 the size, the volatility is compressing. The asymmetric returns
00:02:04.400 that used to be there are very different. Now, go look at gold. I don't think that there's
00:02:08.360 a lot of folks buying gold because they think it's going to 10x in two years. Instead, they're buying gold
00:02:12.260 because they're like, the government's never going to stop printing money. It's going to continue to appreciate.
00:02:15.680 That's really, in my mind, Bitcoin is kind of gold, but a better return over the next decade or so.
00:02:20.380 The AI stuff, though, is creation from scratch.
00:02:24.540 So my investing framework is when you create something from scratch, that is where asymmetry lies.
00:02:29.480 Bitcoin got created from scratch.
00:02:31.080 It became very valuable.
00:02:32.240 Asymmetry.
00:02:33.320 AI today, we're starting at zero.
00:02:35.560 We're not going to go create it.
00:02:36.560 There's going to be a lot of asymmetry.
00:02:38.020 But at some point, AI will hit enough mass adoption where it becomes still very attractive.
00:02:42.560 It's just not going to be 10x in two years.
00:02:44.780 And I think that Bitcoin is already there.
00:02:46.140 And gold at some point will get there, too.
00:02:47.360 Tom, where am I at right now?
00:02:51.080 I'll answer that question where I'm at right now.
00:02:53.220 I see investing right now as a as a burrito and I'm putting a burrito.
00:03:00.820 No, I'm no, I'm I'm I have I have AI stocks and AI blend.
00:03:07.320 But then I also have guacamole.
00:03:08.860 I'm still buying Bitcoin.
00:03:10.720 I'm not buying a ton of Bitcoin.
00:03:12.180 You're hungry, Tom.
00:03:13.080 But I'm not.
00:03:14.020 I bought Bitcoin earlier this week.
00:03:16.220 Yeah.
00:03:16.440 I'm like low 60s. And so is there a little dollar cost averaging? Yeah. I'm not heavy Bitcoin by any means whatsoever, but I bought some because I believe that this is just where it is. Now, am I out there with the Bitcoin bulls and half of what I have? No, no, I'm not. But I'm still there. And I don't think AI and Bitcoin are mutually exclusive. And you already heard what I would say here.
00:03:41.540 And actually, you guys have kind of convinced me.
00:03:43.860 Remember, I was sheepishly 25% when I said open AI.
00:03:47.960 I'm probably not.
00:03:49.340 And I like the analysis that we heard here.
00:03:52.400 Okay, so you're not going to be going into open AI.
00:03:55.340 After what I heard here, and I'm going to go back and read more, especially around Fable 5.
00:04:01.340 But if it's truly just a step and it's not the big, you know, hey, I got you.
00:04:05.800 Because they've been playing leapfrog.
00:04:07.240 All the AI guys are playing leapfrog.
00:04:09.260 Who was faster?
00:04:10.220 And it was definitive.
00:04:11.060 It was very clear, like Opus 4.7.
00:04:13.620 It was very clear.
00:04:15.660 And then, you know, 5.5.
00:04:18.620 That was very clear.
00:04:19.880 This is not clear.
00:04:21.980 Yeah, absolutely.
00:04:22.920 I would go AI right now because, you know, it's a clear, easy to explain reason for what it's going to do for society, the value add.
00:04:32.000 And it's not just one thing that you could invest in AI with.
00:04:35.320 It's not just like it's Anthropic or it's NVIDIA, but it's the inputs that go into it.
00:04:40.000 Like, I can't tell you how many people I speak to that are, like, making boatloads of money just from the inputs that go into the data centers.
00:04:45.460 Like, you know, like whether it's HVAC people doing the certain parts of the data centers that go into AI.
00:04:49.840 So it's like this whole initiative by the government that, you know, hundreds of billions of dollars are getting pumped into that are feeding the AI.
00:04:56.700 Because, you know, it's an arms race when it really comes down to it.
00:04:58.740 So whatever the government is trying to, you know, put a strategic initiative towards and pumping money into, you know, that's, you know, it's like the wind blowing at your back.
00:05:05.660 So why fight that?
00:05:07.320 Right?
00:05:07.820 Yeah, makes sense.
00:05:08.400 By the way, Autopilot, one of the things Autopilot has, which, Pop, you remember we talked about Autopilot, I think, the first time you were on here.
00:05:15.760 One of the Autopilots they have right now is called the White House Asset Management, whatever they have.
00:05:21.460 I don't know if you participated in that one or not.
00:05:23.720 It's heavy on quantum right now.
00:05:24.740 It is.
00:05:25.260 And then there's another one that says AI World War III portfolio.
00:05:29.760 They have the best.
00:05:30.840 They have Inverse Kramer, Jim Simons, Pelosi tracker, all of it, right, for you to pick and choose from.
00:05:34.960 It's interesting to see, you know, if the government portfolio is going to do good with things that they have,
00:05:42.340 because they're investing into those things right now.
00:05:45.880 It'll be interesting.
00:05:46.780 It'll be interesting to see where it goes.
00:05:48.020 38% of you guys are business owners.
00:05:50.040 If you're a business owner, this is by far the worst season to go through it by yourself.
00:05:54.220 So Vault Conference, if you haven't yet registered, Rob, you may want to play this clip.
00:05:59.080 Every one of us is one relationship away from taking our lives and our business to the next level.
00:06:03.540 I want you to hear the story about what a friend of Elon Musk ended up doing just because of becoming friends with him.
00:06:08.780 Go ahead, Rob.
00:06:09.780 Have you heard about Elon Musk's friend named Antonio Gracios, who allegedly they made in the mid-90s networking.
00:06:14.700 They became friends.
00:06:15.760 And he lent Elon a million dollars, which somehow, someway ends up owning 7.3% of SpaceX.
00:06:22.040 That million dollars today, according to Entrepreneur Magazine, could be worth between $100 billion to $150 billion,
00:06:28.960 making them top 50 richest men in the world.
00:06:31.400 So how did this happen?
00:06:32.500 Every one of us, if you're watching this, you are one contact, one relationship away from changing your business, changing your life.
00:06:38.620 How do you do it?
00:06:39.520 You've got to put yourself out there.
00:06:40.800 If you're not, the way I did it is by going to four to ten business conferences every year.
00:06:44.960 Once a year, we host an event called the Vol Conference.
00:06:47.520 This year, we're doing it at the MGM Grand Arena, August 31st to September 3rd.
00:06:51.820 12,000 people will be attending this event if you haven't yet registered.
00:06:56.580 Your Antonio may be at that event.
00:06:58.620 Click on the link above or below.
00:07:00.080 Get registered.
00:07:00.680 We'll see you there.
00:07:01.780 Again, bring your business partners.
00:07:03.600 A lot of people are bringing their employees.
00:07:05.140 Every year, they're bringing somebody new.
00:07:06.900 If anybody that comes in, they typically bring back 5, 10, 15 people the next year with them.
00:07:10.860 I think one of the companies from France, if I'm not mistaken, is bringing 500 people to the event, to the Vol Conference.
00:07:17.460 But Logan Paul will be there to talk about how to create content and get noisy at a time like this.
00:07:21.500 He's always in the marketplace talking about it.
00:07:23.520 I know he's got a torn triceps, but even that makes it in the news.
00:07:26.200 Stephen Bartlett, fastest-growing podcast in the world from Diary of his CEO.
00:07:29.760 He'll be there.
00:07:30.700 Jerry Rice and Joe Montana will be sitting down with me to talk about how to find running mates.
00:07:35.240 And last but not least, Dan Martel, the great Dan Martel, will talk about how to use AI, multiple eight-figure exits, author of Buy Back Your Time.
00:07:43.520 They will be at the conference as well.
00:07:44.740 If you enjoyed this video, you want to watch more videos like this, click here.
00:07:47.440 And if you want to watch the entire podcast, click here.