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Bitcoin

Tech Investor Who Nailed AI Boom Warns of Bitcoin Collapse, Urges Shift to Super Intelligence

Image: The Daily Hodl

A veteran technology investor is urging cryptocurrency holders to sell their Bitcoin (BTC) and redirect capital toward Super Intelligence initiatives. Jason Calacanis posts on X that outflows from Bitcoin ETFs signal continued pressure on the flagship crypto asset. Recent net outflows included $635.6 million on October 22 and $261.4 million on October 14, according to Farside data. Says Calacanis, “We will test the $57k low again in the next 12 months… Bitcoin will never break its all-time high again.” He describes Bitcoin as offering “little to no value” beyond a store of value, noting that its viral hype around memes and non-fungible tokens (NFTs) has faded while AI delivers “unlimited upside for humanity.” “The viral nature of Bitcoin was its power… if you didn’t own, you were MOCKED! Now?

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