The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Net new dollars from that are going to go to, you know, pharmaceutical development.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Like they're actually innovation investors, not just Bitcoin investors.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
And I think that that ability maybe is actually going to become a very core skill that's important kind of for the world that we're going into.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
You agree with that?
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Never thought we'd talk about pharmaceuticals on here, but I'm here for it.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
I think Ken Langone, if I understand, if I remember correctly, his average holding period is 42 years in his portfolio.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Like just go, right?
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
And if I remember correctly, he has held Eli Lilly for something like 40 something years and still holds the position today.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
When you look at the market moving forward, Bitcoin is up, let's call it 6% over the last year, 4% year to date, atrocious performance in Bitcoiners' minds, atrocious, right?
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
The S&P and NASDAQ, I think it's up 14% and 18% or whatever it is, getting trounced by just major equity indexes.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Bitcoin is now trading below the level when Trump took office.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Mm-hmm.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
There is a sentiment change that's happening.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
I've talked with, in private, a number of what I would consider very hardcore Bitcoin believers.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Some of them are saying, hey, we're going into a bear market.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Some of them are getting a little frustrated and saying, maybe there's not as much upside return here as possible, maybe kind of like a Peter Thiel type viewpoint.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
On one hand, when I hear that stuff and the negative bearish sentiment, I think, be bullish.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Do the opposite of what other people, right?
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
You go on X, everyone's bearish.
The Pomp Podcast
Bitcoin Market Just ROTATED This Month - Here's What's Next | Jordi Visser
Maybe I should be bullish.