NewsNovo
The fortunes accumulating in Silicon Valley's artificial intelligence sector are moving in ways that complicate the usual wealth story.
On the surface, the lifestyle signal is understated: premium water has replaced champagne as the status drink of choice.
Underneath, the asset allocation tells a different story, and bitcoin is where this cohort is spending.
When a new class of wealth concentrates into a single asset, it creates buying pressure that operates independently of that asset's fundamentals.
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