Pierre Rochard

Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin, host of the @BitcoinForCorps Show, Board @Strive

[Pierre Rochard @BitcoinPierre]

This afternoon I testified at the Texas Senate Committee on Business and Commerce hearing in favor of SB 21, to establish a Texas Strategic Bitcoin Reserve.

Thank you @DrSchwertner for introducing the bill, @LtGovTX for making it a legislative priority, and @DonnaCampbellTX for asking great questions about Bitcoin custody and security.

[Pierre Rochard @BitcoinPierre]

@Gregg_Star Correct, bitcoin absorbs excess savings. When AI supply catches up to demand, bitcoin will make a comeback.

[Pierre Rochard @BitcoinPierre]

Bitcoin is a hedge against uncertainty, and the market is very certain about one thing: AI will absorb the next decade of capital, earnings growth, power demand, semiconductor demand, data-center buildout, and productivity upside. BTC crash has nothing to do with Saylor or Iran.

[Pierre Rochard @BitcoinPierre]

@Eric_Peterson_ No, the opposite, I think the market is fundamentally mispriced, moreso than at any other time.

[Pierre Rochard @BitcoinPierre]

@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.

[Pierre Rochard @BitcoinPierre]

@ktmkancha @IIICapital No

[Matt Cole @ColeMacro]

I’m bullish.

[Pierre Rochard @BitcoinPierre]

@finiatus AI capex and marketcap has materially accelerated over the past 6 months. You’re not doing enough research.

[Pierre Rochard @BitcoinPierre]

@awake_canadian @Bruce4835175222 Exactly, and not only are they surprised, they’re crashing out over it.

[Pierre Rochard @BitcoinPierre]

@nasduckXBT No

[Pierre Rochard @BitcoinPierre]

@SKIPPER_BTCMSTR You’re misunderstanding how market pricing works

[Pierre Rochard @BitcoinPierre]

@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.

[Pierre Rochard @BitcoinPierre]

@ronniedevops Generals fighting the last war

[Pierre Rochard @BitcoinPierre]

@jonesrrrrrr If you look at the data it’s neither risk on nor off

[Pierre Rochard @BitcoinPierre]

@mikefanelli_ @IIICapital Feels like a distant memory!

[Pierre Rochard @BitcoinPierre]

@nasduckXBT Not if central banks keep buying it

[Pierre Rochard @BitcoinPierre]

@PsychoSteveJr Euphoric, I love volatility!

[Pierre Rochard @BitcoinPierre]

Bitcoin continues to be the most undervalued asset in human history. Nothing has changed.

[John Seravalli @John_Seravalli1]

Sara Jacobs is a theater kid reading a script. Sad state of affairs…

[Pierre Rochard @BitcoinPierre]

@CrockettJa29973 @Revanevan77 Jasmine I can't fix your reading comprehension
https://t.co/wJLjdl0Ktg

[Pierre Rochard @BitcoinPierre]

@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.

[Pierre Rochard @BitcoinPierre]

@0x_Mattt That's just a narrative though, look at what happened with gold.

[Pierre Rochard @BitcoinPierre]

@SickServer7 @Revanevan77 I am happy about it! I'm happy either way.

[Pierre Rochard @BitcoinPierre]

@0x_Mattt Not if you look at amplitude, this cycle has massively underperformed past cycles.

[Pierre Rochard @BitcoinPierre]

@RhettReisman @samensign43 @loudchirper SPY all time highs cause hawkish sentiment, SPY all time highs are due to massive AI capex cycle despite where rates are at.

[Pierre Rochard @BitcoinPierre]

@ronniedevops Central banks have been buying gold. Not sure that the war added any uncertainty, arguably it decreased uncertainty.