About this episode
Jordi Visser is a macro investor with over 30 years of Wall Street experience and the writer behind the VisserLabs Substack. In this conversation, we break down the latest Fed decision, rate cuts, and their impact on bitcoin and public equities. Then we go deep into the AI landscape — where value is emerging, where risks remain, and how investors should be thinking about positioning for 2026. ====================== Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan ( https://www.figuremarkets.co/pomp ), allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event. Unlock your crypto’s potential today at Figure! https://www.figuremarkets.co/pomp Disclosures: Figure Lending LLC dba Figure. Equal Opportunity Lender. NMLS 1717824. Terms and conditions apply. ====================== This podcast is sponsored by Abra.com. Abra is the secure way to access crypto and crypto based yield and loan products through a separately managed account structure. Learn more at http://www.abra.com . ====================== Bitwise is one of the largest and fastest-growing crypto asset managers, with more than $15 billion in client assets across an expanding suite of investment solutions—including the world’s largest crypto index fund—plus products spanning Bitcoin, Ethereum, DeFi, and crypto equities. In addition to managing assets, Bitwise helps investors stay informed about the fast-moving crypto market. Every week, CIO Matt Hougan breaks down what’s happening in crypto in five minutes or less. Read the latest at https://experts.bitwiseinvestments.com/cio-memos . Certain Bitwise investment products may be subject to the extreme risks associated with investing in crypto assets. Visit https://bitwiseinvestments.com/disclosures to learn more. ====================== Timestamps: 0:00 – Intro 1:46 – Fed decision, rate cut & initial market reaction 6:39 – How equities & bitcoin reacted 10:26 – Identifying the next consensus trade & AI progress 16:38 – When is AI escape velocity? 21:28 – Impact of open-source vs closed-source models 27:22 – How hedge funds are actually using AI 31:34 – Small business stress, economic transition & IPO wave 38:14 – Biggest risks, corrections & market volatility ahead 42:54 – The next AI cycle: chips, power & real-world systems 46:44 – Preview for Jordi’s next video