Speculation has always been closely linked with cryptocurrencies. And now that Bitcoin has surpassed $60,000, fueled by institutional interest, rumors are bound to amplify further. One such rumor suggests that Jeff Bezos is buying Bitcoin.
This rumor originated from a post on X by Thomas Fahrer, co-founder of Apollo, laying out a series of conjectures about the possibility of the main cryptocurrency being the reason behind the recent sale of shares by the Amazon owner. But what motivated Fahrer to make this claim? Essentially what he defines as "billionaire FOMO," the fear of missing out on a profit opportunity that seems to afflict billionaires (since we are not billionaires, we cannot confirm 100% that it really exists).
So, Bezos, noticing the growth of Bitcoin and its prospects for further increases, may not have been able to resist the frustration and would have plunged into buying BTC, liquidating part of his Amazon shares (probably because at that moment he had exceeded the credit card limit...).
We allow ourselves to joke because, at the moment, good old Bezos hasn't released any statement about it. And there is no concrete evidence that he actually made the purchase.
The only element that could support this conjecture is Bloomberg's February 21 report indicating that the Amazon founder sold about 50 million shares of the company. This sale, give or take, netted him $8.5 billion, allegedly providing him with the money to finish paying off the car installments and buy some Bitcoin...
The party with Saylor
Fahrer also shows a photo of Bezos with his girlfriend, Lauren Sanchez, during a birthday party on a yacht (who knows if the sale of the shares also served to finish paying off that...). To put it in context, this photo comes from a New York Post article published on June 12, 2023.
It seems that MicroStrategy CEO Michael Saylor, a well-known Bitcoin supporter, was also at that party. Well, it could be that the two, amidst cocktails, ended up discussing business, and Saylor convinced Bezos to invest in the cryptocurrency: "Come on, Jeff, get some Bitcoin before I buy them all!"
We allow ourselves to raise some doubts about the credibility of the article, especially because, after it was published, some details were changed in the following days. And not insignificant details.
In the meantime, the part referring to the owner of MicroStrategy disappeared, and then the location where the yacht was docked was changed: from the port of Gustavia, on the island of Saint Barthélemy (in France) to Portofino.
In short, we reported the news as a matter of duty, but we raise some doubts about its truthfulness.
The importance of AI for crypto
However, there are no doubts about the role that decentralized artificial intelligence is playing in the field of cryptocurrencies. This is evidenced by the market capitalization of the ecosystem, which recently exceeded $28.5 billion.
Several crypto analysts have highlighted how mainstream media consider these solutions as a credible alternative to systems like OpenAI's ChatGPT. Supporting this thesis is an excerpt from a recent Forbes article: "Decentralized artificial intelligence promises to revolutionize the way artificial intelligence is developed."
Decentralized artificial intelligence offers several advantages over what we could call "traditional" (although it is a term that is difficult to associate with such a new element): lower costs, the absence of the need to rely on an intermediary, and a greater degree of transparency and inclusivity in the industrial sector.
The new meme coin Scotty the AI, with a cross-over artificial intelligence solution, is benefiting from this trend, as evidenced by surpassing the $1 million milestone already raised during the presale phase.
The increasing influx of investors into the project confirms that Scotty the AI is a cryptocurrency to keep an eye on.
A dynamic mix of meme and problem-solving
As a utility-oriented cryptocurrency, Scotty boasts a cutting-edge value proposition, aiming to solve blockchain security issues through artificial intelligence technology.
How? By analyzing complex algorithms and code, identifying patterns and anomalies, and sifting through vast amounts of data in seconds, searching for clues and connections.
The main attraction of the project, which has captured attention with a successful presale, comes from the synergy between robust artificial intelligence solutions, addressing a critical blockchain issue, and cryptocurrency-native marketing tactics.
Speaking of tokenomics, 30% of Scotty the AI's total supply (520,370,637) will be directly allocated to the community during the presale. The remaining 70% of tokens will be distributed among staking, marketing, ecosystem development, and exchange listings. This token distribution approach reflects the team's desire for sustained long-term growth.
To encourage long-term holding and community participation, Scotty the AI offers a staking mechanism, currently with an APY of 122%. At the same time, the presale price is set to gradually increase throughout the campaign, with the next increase expected in six days.