Will Bitcoin Keep Crashing?! | Anthony Pompliano

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**Anthony Pompliano** (1:00)
Last week, Michael Saylor and Strategy sold 32 Bitcoin and Bitcoin fell off a cliff. Everyone started to freak out. Jim Cramer even said, Saylor murdered Bitcoin. But is that really what happened? Is that the thing that everyone should be worried about?
Do we think that the Bitcoin bear market is over? Is anyone got the confidence to call the Bitcoin bear market bottom? All of that today we're going to explore. But what's important to understand is that Jordi Visser, he believes that Bitcoin is falling aggressively because there's a capital rotation away from Bitcoin and into other asymmetric opportunities. People are going and looking at the SpaceX IPO. They're looking at AI and many other industries. Take a listen to why Jordi thinks that's happening.

**Jordi Visser** (1:40)
I spend a lot of time thinking about what the future is going to look like. And I take bits and pieces from a lot of futurists. I think it is ironic that Bitcoin is, as of today, it's a trillion and a half dollar asset. Isn't it ironic that we have SpaceX coming and it's about a trillion and a half asset? How can people justify buying a company that not only is not making money right now?
And forget Elon, let's leave it alone. He's great. But to make the comparison between Bitcoin and Space, you're still buying something based on your future thought. And when I talk to people who love rocket investments, and I go, how is that any different than Bitcoin?
How do you have any idea on something that is more than three years out? How do you know the government won't take over SpaceX? How do you know there's no way to know what the future is gonna look like when you're dealing with something that's based on going to Mars, which has never been done before? So when I think of investments and I think of the future, I have a belief on what I think will happen. I don't think investing in the S&P 500 is safe past 2030 I've said that repeatedly, because I think AI will disrupt all companies. So for me, I don't think Apple's safe. I don't think Google's safe. I don't think Amazon's safe. So when people look at Bitcoin and they don't think it's safe, I understand that that's their belief. The question is, have they fought a lot about the future? Because one of the reasons that I think Bitcoin is safe is because the consumer, human beings, will not be consuming more than AI agents in a short amount of time. It came out on Ex this week that there are more AI agents on HTML sites than humans. Like, this is where we're headed. So if you think the world of human beings is going to dominate commerce, it's not. It's AI agents. So if you ask me, what is a direct play on that?
I believe Bitcoin is a direct play on agents dominating humans going forward.

**Anthony Pompliano** (3:34)
Now Jordi is calling out the fact that there's this capital rotation occurring, but he also looks at what's the future potential return from something like Bitcoin versus SpaceX. And he had a great point about which one is more resilient, which one is more durable. I'm a fan of both. I think that both Bitcoin and SpaceX are going to do well, but I think Jordi's got a point here as well. Take a listen.

**Jordi Visser** (3:52)
I believe we're at a rotation point that's going to last for at least the next three to six months. And that rotation is we're kind of at a, I don't want to say a market, stock market bubble. What I'll say is a rotation bubble. We've had one group winning and most groups have been losing.