Calacanis Urges Selling BTC for Solana Amid Shift in Opinion
Prominent angel investor Jason Calacanis has once again criticized Bitcoin, saying he would rather invest in projects building real products. If his brother owned BTC, he'd recommend selling half of it and allocating proceeds to 'productive projects' like Solana and Bittensor (TAO).
Calacanis made the comments after joking that the BTC power bottom is in. He claims Solana and TAO are delivering new products, whereas Bitcoin is just a project with promises.
This shift in opinion from Calacanis is significant, as he had previously stated that he owned no Solana (SOL). However, he has now become more positive on the network, arguing that entrepreneurs are building real products on top of SOL and other tokens like TAO.