Calacanis Urges Investors to Shift Focus from Bitcoin to Productive Projects

Prominent angel investor Jason Calacanis has renewed his criticism of Bitcoin, urging investors to shift their focus towards projects that deliver tangible products rather than speculative narratives.

In a recent post, Calacanis commented that if his brother held Bitcoin, he would advise selling half of the position and redirecting those funds into 'productive projects' such as Solana (SOL) and Bittensor (TAO).

Calacanis emphasized a preference for blockchain networks that prioritize product development and user utility, stating that Solana and TAO are 'actually delivering new products, not just projects and promises.'