Content overview: “Jason Calacanis Says Sell Bitcoin, Back AI: Predicts $57,000 BTC and Backs Bittensor's TAO”. Prominent angel investor Jason Calacanis, known for his early call to pivot toward artificial intelligence in 2023, is now urging investors to sell bitcoin, predicting a drop to $57,000. Calacanis, who has backed major tech startups, argues that capital should flow into AI instead of crypto, marking Calacanis, who has backed major tech startups, argues that capital should flow into AI instead of crypto, marking a notable shift from his previous crypto enthusiasm.
He revealed he is holding TAO, the cryptocurrency that powers Bittensor, a decentralized AI network that incentivizes machine learning models. This dual stance—bearish on bitcoin, bullish on AI-focused crypto—highlights a growing narrative that AI will dominate the next tech cycle. Bittensor's TAO has surged as investors seek exposure to AI through digital assets. The full version stays on the original page, which this listing opens directly.