Buy the Solana Silver Lining

Every silver lining comes wrapped in a dark cloud.

This is the story of the cloud—and, just to warn you now, it’s a very dark cloud.

Here at the outset, I will tell you that the silver lining is a cryptocurrency called Solana. We’ll come back to that in a bit. But so that you know, this story isn’t predicated on you understanding anything about crypto or what a Solana is.

The only facts you really need to understand are: A) crypto is the future of everything and that future is already taking shape; B) AI is the future of everything, and that future too is already taking shape; and C) crypto and AI are merging to redefine the future of, well, pretty much everything.

Those facts out of the way, we can progress…

The main point we’re working with today is where our dark cloud begins to form: Artificial intelligence is very likely going to be an economic pandemic rather than an economic panacea.

Today, that seems like a heretical statement.

Wall Street and the world beyond are street-rat crazy for all things AI. Overpaid cheerleaders such as Elon Musk foresee a world in which AI does everything at every moment for everyone and, thus, there’s no need for humans to work. It’s all fat, lazy days of counting clovers in a meadow run amok with unicorns and leprechauns and roboticized white rabbits in pink tuxedos delivering Aperol spritzes to you on demand.

Elon and others, however, have an agenda.

An ulterior motive.

They need the hoi polloi to buy this bag of bull schnitzel they’re selling. If they can convince the masses that they no longer have to work, and that AI will supply every need and whim, then the easier it is for tech billionaires to sell a false nirvana to “the poors.”

Ultimately, it will all prove to have been a beautiful lie.

For you see, AI ultimately reaches a point where it doesn’t need human workers. And that point arrives much—much!—sooner than most people assume. Like, before the end of the decade.

I mean, McDonald’s, for instance, might need a few pimply tech jockeys, each living out of a Tesla RV, to manage 100 automated Mickey Ds in a given region, but it’s not like every displaced job today is going to be matched with a replacement job in AI tomorrow.

We’ll be lucky if every 1,000 lost jobs generate a single AI replacement job. Just a guess of course, but AI is so rapidly advancing toward self-sufficiency that the “human in the loop” theory—the idea that AI needs human overseers—is quickly morphing into “well, not so much, really.”

We’re looking at a future of mass joblessness.

Not just lower-wage, lower-skill service sector workers losing jobs at McDonald’s. I’m talking about white-collar jobs. Paralegals go away. Radiologists go away. Software developers and coders—toast. Financial analysts and researchers… hasta la vista, baby.

AI and robotics can—and are—replacing construction workers.

Real estate agents right now are the last of the dodo birds. I started predicting that back in 2020 or so and heard lots of guff from real estate agents at conferences I attended. “It’s a relationship business,” I was assured. “AI can’t replicate that.”

Well, Marge… no—it’s not a relationship business anymore.

It’s a business that charges a 5% or 6% listing fee because both seller and agent exist on a financially asymmetrical see-saw. The agent has the information and the infrastructure; the seller has nothing.

But AI balances that.

It has access to decades of real estate data. It can gin up a real estate site in seconds and market properties instantly, based on unemotional, real-world data, and at no cost or, at most, minimal costs far, far below 1% of the transactional amount. Likely small fractions of 1%.

AI real estate agents—operating on the blockchain—can pull every necessary record, track escrow payments and final payments, and close a transaction without a single human in the mix.

Like I said at the outset, this is a dark cloud.

It means double-digit unemployment in America, likely before we reach the 2030s.

But as I also mentioned at the outset, Solana is the silver lining.

Go back to the AI real estate agent example. Money still has to change hands between buyer and seller. Costs are still incurred at some level for obtaining tax records and plat maps or whatever the transaction calls for.

All of that—every last bit of that—is going to happen on the blockchain.

Similarly, AI agents running massive manufacturing processes, and those managing money, and those making sure that the McDonald’s over on Main Street is fully stocked with fresh lettuce, and the food-delivery app assigning an autonomous vehicle to the pimply faced tech nerd who orders a McTriple for delivery to his Tesla RV…  they’re all going to be communicating on the blockchain with other AI agents that supply those needs.

And every last one of those requests is going to have a fee associated with it.

Which is why in a world where AI is the future, then the future of AI is the Solana blockchain.

This world I’ve laid out requires two truths: 1) transactions must be lightning fast, and 2) they must be exceptionally cheap.

As of today, a typical bitcoin transaction costs about 42 cents and requires nearly nine minutes to complete. The network runs at about five to seven transactions per second.

For Ethereum, the cost is about 20 cents on average and needs about 12 seconds to complete. The ETH network is completing about 20 transactions per second.

Solana: Average cost is $0.000025 per transaction, meaning that the cost of a single transaction on Ethereum would cover 8,000 transactions on Solana. In terms of speed, Solana clears transactions in about 0.4 seconds, 50x faster than Ethereum and nearly 1,400x faster than bitcoin.

As for the number of transactions per second, Solana is currently processing about 4,000 per second—vastly faster than ETH and bitcoin. Late last year, a company called Firedancer launched on Solana a complete rethink of how the Solana blockchain functions. In doing so, Firedancer showed it can boost transactions to a million per second.

That supersonic speed is coming as soon as all the computers running the Solana network adopt the new technology.

The point being that AI needs crypto so that AI can process and pay for all the transactions over which it will have agency. And AI will use the fastest and cheapest network to keep costs low and transactional speeds high.

Which is why in the middle of this dark cloud you want to own the silver lining—the Solana cryptocurrency, which is easily bought through any crypto exchange such as Coinbase or Kraken or others. (I buy Solana every week, without caring about costs, through a dollar-cost averaging plan at Coinbase that automates the purchase without me having to remember to buy).

Solana’s price isn’t going to react to all of this tomorrow; you still have time to build a position.

But the day is coming—before this decade is out—where AI is going to be doing its dirty work of negating the need for humans… and it’s going to pay for that dirty work on the Solana blockchain.

So, own the silver lining.

Just buy Solana and hold it, and hope that El Jefe is much too pessimistic about the jobless future. (But based on what’s already happening… I’m probably too optimistic).