Jason Calacanis just told everyone to dump $BTC for AI plays.
Bitwise fired back immediately.
This is the classic tech VC vs crypto native debate playing out in real time. Calacanis sees AI as the next 10x narrative and thinks $BTC is yesterday's trade.
Bitwise obviously isn't having it - they're managing billions in crypto ETFs and know institutional money is still flowing into $BTC as digital gold.
Here's the real alpha: you don't have to choose. AI tokens and $BTC serve completely different purposes in a portfolio. One is narrative-driven beta, the other is macro hedge + store of value.
Watch how this plays out as AI hype peaks and macro uncertainty returns. Smart money holds both.
Bitwise fired back immediately.
This is the classic tech VC vs crypto native debate playing out in real time. Calacanis sees AI as the next 10x narrative and thinks $BTC is yesterday's trade.
Bitwise obviously isn't having it - they're managing billions in crypto ETFs and know institutional money is still flowing into $BTC as digital gold.
Here's the real alpha: you don't have to choose. AI tokens and $BTC serve completely different purposes in a portfolio. One is narrative-driven beta, the other is macro hedge + store of value.
Watch how this plays out as AI hype peaks and macro uncertainty returns. Smart money holds both.