RT Avi: I talked about why I sold all my core Bitcoin in 2025 with Pomp, but basically it boils down to the fact that the regime is completely differe...
Investor Avi Felman said he sold his core Bitcoin in 2025 because the regime has shifted from monetary policy to real economic change and transformative technologies. He still sees Bitcoin as a good trading asset, but believes its valuation now requires specific fuel to sustain momentum.
Background
Anthony Pompliano ("Pomp") is a well-known crypto investor and podcaster; Avi Felman is a former crypto fund manager at 3AC (Three Arrows Capital, which collapsed in 2022). Felman famously sold his personal Bitcoin holdings in 2025, arguing the macro environment has shifted from pure monetary-policy drivers (central bank printing) toward real economic transformation (AI, biotech, defense tech). He still sees Bitcoin as a good trading asset but no longer a core long-term hold, because its high valuation now requires "specific fuel" (likely sustained liquidity or adoption catalysts) to keep rising. The tweet references a broader debate among crypto believers: those who see Bitcoin purely as "digital gold" against inflation vs. those who think the next bull runs will come from productivity-enhancing technologies, not just loose money.