Anthony Pompliano

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Now, one thing that I think is very fascinating, and maybe I can share with you a framework that I've started to come around to, and it's a combination of talking to lots of different people, but Bitcoin was kind of the sledgehammer to what I would consider boring innovation.

So most of the innovation we talked about pre kind of Bitcoin hitting the main stage was, okay, the iPhone came out, it was very innovative, it was disruptive, but it wasn't

a true external technology sledgehammer, right?

It was more kind of an evolution.

Okay, we have a computer, we have an iPod, we're gonna just make it a little bit smaller, we're gonna add some features to it.

There's definitely some sort of innovation that happens here, but we're taking kind of steps closer and closer to it gets smaller, goes in your pocket, you know, et cetera.

Bitcoin was really a thing that was like this external shock to the system, right?

It took ideas from the legacy system, but it was this external thing.

You are now seeing this happen much more rapidly, I think, in technology and true innovation are these external shocks.

LLMs is not a kind of one to two to three type evolution.

This is an external shock to a lot of these companies.

In pharmaceutical, I invested in a friend of mine, a company called Varda.

At the time, it was not necessarily a pharmaceutical company.

It was very much, now that we have reusable rockets, which Blue Origin now is the second company in America that can go ahead and do this, the cost to get to space has significantly come down.

What if we can manufacture things in space, bring them back to Earth to benefit on Earth?

So a lot of people think of space as like, let's go outward.

Their thing was, let's use space to come back here.