Wall Street investor Jordi Visser issued a warning on the job market on July 4 during an interview with investor and podcaster Anthony Pompliano. Visser said the warning could be positive for Bitcoin (BTC). He turned bearish on the job market, citing wide adoption of artificial intelligence (AI) agents as disrupting the labor market and creating a structural problem that central banks like the Federal Reserve cannot address with usual policy moves. The trend could be positive for Bitcoin, as people displaced by AI might turn to the cryptocurrency, which is considered a hedge against institutional collapse.
Visser Warns Job Market Will Not Improve
Visser told Pompliano that he is very "negative" on the job market getting any better and doesn't expect wages to improve anytime soon. He appeared in an interview with Pompliano on July 4.
AI Disruption Creates Structural Labor Market Problem
The wide adoption of artificial intelligence (AI) agents is disrupting the labor market, and it's creating a structural problem that the central banks like the Federal Reserve can't address at all with their usual policy moves, Visser argued. The head of AI Macro Nexus Research at 22v said this trend could be positive for Bitcoin.
Visser Suggests Bitcoin as Alternative for Displaced Workers
When people realize that they are getting displaced by AI, they could turn to an asset like Bitcoin, which is considered a hedge against institutional collapse, Visser said. Bitcoin maximalists consider Bitcoin, like gold, a safe haven asset that acts as a hedge against inflation, currency debasement, and geopolitical tensions.
Visser emphasized how crucial it is to allocate investment portfolios to Bitcoin despite its price volatility. He dismissed the "bubble" narrative surrounding Bitcoin and said he wouldn't be concerned even if the cryptocurrency falls below $60,000.
Bitcoin Trading at $63,809
Bitcoin was trading at $63,809 at press time as per Decibel. Bitcoin is currently trading 50% lower than its all-time high (ATH) of $126,080 it hit on Oct. 6, 2025.
After its Wall Street adoption, Bitcoin has become deeply tied to macroeconomic conditions such as wars, stock markets, global tariffs, and political announcements.
FAQ
What did Jordi Visser say about the job market on July 4?
Jordi Visser told Anthony Pompliano on July 4 that he is very "negative" on the job market getting any better and doesn't expect wages to improve anytime soon.
Why does Visser think AI disruption could be positive for Bitcoin?
Visser argued that when people realize they are getting displaced by AI, they could turn to an asset like Bitcoin, which is considered a hedge against institutional collapse. He said AI adoption is creating a structural problem that central banks like the Federal Reserve can't address with usual policy moves.
What is Bitcoin's current price compared to its all-time high?
Bitcoin was trading at $63,809 at press time, which is 50% lower than its all-time high of $126,080 hit on Oct. 6, 2025.
