Anthony Pompliano, investor and founder of Professional Capital Management, stated on X (formerly Twitter) on Saturday, October 31, 2026, that he recently sat down with Polina Pompliano to "break down Bitcoin’s sell-off, why the bear market may be over, and why AI’s abundance makes scarce assets like bitcoin more valuable." He also indicated that their discussion covered the Anthropic IPO, the power dynamics on Anthropic’s board, and various aspects of AI, including "AI psychosis" and "Pomp’s biggest bitcoin regret."
The discussion comes as the digital asset market shows signs of investor apprehension, with the Crypto Fear & Greed Index currently at 30, signaling "Fear." Recent Gokhshtein coverage has explored several pertinent themes, including Pete Rizzo reporting on Coinbase's ongoing efforts to upgrade Bitcoin custody solutions against potential quantum attacks. Additionally, a fusion startup's gold production has reignited the broader debate about Bitcoin's scarcity, while Eric Balchunas has suggested that Bitcoin ETFs pose a threat to traditional exchanges.
Pompliano's view suggests a potential shift in Bitcoin's market cycle, moving past the recent sell-off. His argument links the rise of artificial intelligence and its creation of abundance to an increased perceived value of scarce assets like Bitcoin. This implies that investors might increasingly consider Bitcoin as a hedge against potential future economic shifts driven by AI, positioning it as a counter-asset in an AI-dominated economy.
