Tom Lee: AI trading remains very vibrant, Democrats are pushing for crypto legislation

November 5th, Tom Lee said in an interview with CNBC:

"If everyone starts using tokens, computing power will become scarce, prices will rise, and then we'll be talking about bottlenecks again. Of course, many states would welcome this investment. So I actually think that over time, the AI trade is very dynamic. I think the community really wants capital to flow in, but on their terms.

Then look at cryptocurrency. Cryptocurrency is rising because Democrats are now pushing cryptocurrency legislation, whereas they were opposed before the midterm elections. Now they want to actually pass cryptocurrency legislation."