Today in crypto, Investor and analyst Jordi Visser predicts AI will drive BTC investment, California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures. Meanwhile, crypto social media activity suggests potentially more downside ahead for the market.
AI to “speed up” rate of change, drive investors to Bitcoin as safe haven
Market analyst and investor Jordi Visser said AI will make stocks obsolete in the coming decades by exponentially reducing the innovation cycle and increasing the rate of change in society, ultimately driving investors to Bitcoin (BTC).
Visser told podcaster and investor Anthony Pompliano that AI will speed up innovation so much that slow-moving public companies will not maintain profitability or even get off the ground in an age of such rapid change. He said:
“If the innovation cycle is now sped up to weeks, we are in a video game where your company never hits escape velocity, and in that world, how do you invest? You don’t invest, you trade.”
Visser said the change would force investors to seek an alternative store of value like Bitcoin, which would outlast conventional investment vehicles and publicly traded companies.
California governor teases ‘Trump Corruption Coin’ in jab at MAGA memecoins
California Governor Gavin Newsom has teased plans to launch a “Trump Corruption Coin” as a direct response to Donald Trump’s controversial involvement in crypto, especially through memecoins.
Speaking on the “Pivot” podcast, Newsom, a Democrat, said the planned memecoin, named explicitly after Trump’s alleged scandals, is part of his broader “Campaign for Democracy” initiative, with proceeds from the coin going toward redistricting efforts and voter outreach.
“We’re about to put a meme coin out,” Newsom said during the interview. “And you know what, Donald Trump? We’ll see how well your coin does versus our coin.” When asked if it would be called a “Gavin Coin,” the governor replied: “No, it’s Trump Corruption Coin.”
“We’re just trying to turn up the heat and tune people into the absurdity,” he added. “This is one of the great grifters of our time,” Newsom said of Trump. “None of this is normal.”
Gavin Newsom: « We’re about to put a meme coin out. »
Kara Swisher: « Is it going to be gold Gavin Coin? »
Newsom: « No, it’s Trump Corruption Coin… this is one of the great grifters of our time… His family is sent out before these foreign trips doing deals.The crony capitalism… pic.twitter.com/HNknqlm9Gi
— Blue Georgia (@BlueATLGeorgia) August 29, 2025
Crypto ‘buy the dip’ calls are spiking, which may signal more downside
The rising number of “buy the dip” calls following Bitcoin’s 5% drop over the past week could signal more downside ahead for the crypto market, according to sentiment platform Santiment.
“Clearly, overall, in the markets, people are getting antsy and trying to find some entry spots now that prices have cooled down a bit,” Santiment analyst Brian Quinlivan said in a video published on YouTube on Saturday.
Santiment said in a separate report published on the same day that social media mentions of “buy the dip” have increased significantly amid the crypto market downturn, which may be a warning sign for the market.
“Don’t interpret ‘buy the dip’ chatter as a definitive bottom signal. A true market floor often coincides with widespread fear and a lack of interest in buying,” Santiment said.