Jonah Van Bourg

Avi Felman × Jonah Van Bourg

Avi’s GP dispute alleges holders publicly promised to hold while selling concealed inventory, making on-chain wallet behavior the key test of verifiable trust.Both hosts contrast meme-coin speculation with positive-sum crypto built on “good product, good revenues, good team,” citing Avi’s ZRO-versus-ETH trade and Robinhood’s perpetuals rollout through Bitstamp.They frame five-year mega trends, retail investors’ tolerance for volatility and AI-driven concentration as the durable signals, while leaving the best expression—broad exposure or concentrated winners—unresolved.

Avi Felman × Jonah Van Bourg

Avi frames ten-year yields above 5% as distrust in the Fed, supporting his long-and-strong stance on Bitcoin, Intel, and Nasdaq.AI-driven copper demand may push copper toward $8, while lab-grown diamonds at $6 per carat expose monopoly economics.Cheaper AI could expand usage and GDP, but rising yields pressure real estate as Jonah watches early-to-mid-2027 for capitulation.

Avi Felman × Jonah Van Bourg

A sovereign-authorized USDT oil purchase, despite a failed $230M Venezuelan deal, signals stablecoins entering commodity settlement while the underlying failure reflected diligence, not crypto.AI-driven copper scarcity and Meta’s frontier push sharpen the competitive map, but model prices at 1–10% of frontier offerings and a roughly two-year superintelligence timeline leave unresolved disruption risk.

Avi Felman × Jonah Van Bourg

Bitcoin’s failure to clear $80K has Jonah turning short-term bearish, with a “quite high” probability of falling below $70K.Stocks migrating onchain through Lighter and Hyperliquid could leave Nasdaq behind, while $LAPTOP’s fall from $1.5B to about $630M highlights political-token extraction risk.

Avi Felman × Jonah Van Bourg

MemeFi is rotating between stories rather than attracting a broad 2020–November 2021-style wave, while Robinhood Chain’s weekly volume rose from $500M to $1.5B.Jonah says value may accrue to FOMO, exchanges, Vlad Tenev, or underlying protocols rather than ordinary traders, leaving sub-1% sizing, multi-cycle durability, frontier-model productivity, and Iran’s Hormuz leverage as risks to monitor.

Avi Felman × Jonah Van Bourg

Bitcoin’s 25% rally toward $80K reflects a shift from AI productivity to Treasury and Fed-driven debasement, after equity vol cooled and Bessent deployed capital to defend yields.Avi sees a reasonable chance of $95K-$100K within six weeks and substantial ZCAF flows, with $15.5M in day-one volume comparable to BSOL as a percentage of market cap.The key risk is that this remains an early-innings lockout rally rather than a new bull trend, while NVDA’s crowded short positioning creates a potential one-to-two-day rebound catalyst into earnings.

Avi Felman × Jonah Van Bourg

Avi has turned tactically bullish on crypto as Bitcoin’s sellers appear exhausted and traders rotate from the DRAM selloff, while Jonah sees macro, retail froth and Michael Saylor as unresolved constraints.The disagreement centers on timing and expression: Avi targets Bitcoin at 75–80K and prefers Hyperliquid, Robinhood, Ethereum or Zcash, whereas Jonah favors cautious dollar-cost averaging until a rate-cut cycle or renewed hyper-gambling emerges.

Avi Felman × Jonah Van Bourg

Avi sees the hyperscaler-to-memory melt-up becoming fully priced, prompting a rotation toward indexes and AI downstream beneficiaries such as ARKG and Reddit.Jonah still sees fundamental support in Micron at 7.5x forward earnings, while both debate dollar strength, Bitcoin’s 1-2 year outlook, and whether rising volatility demands smaller Intel positions.

Avi Felman × Jonah Van Bourg

Oil’s fall from above $100 to the 80s, with energy accounting for 35-40% of recent CPI growth, gives Warsh room to avoid a disastrous pivot; Jonah’s closing call is that rate cuts are not dead.Markets barely sold off through full-blown war and a closed Strait of Hormuz, reinforcing the flows-over-fundamentals regime, while SpaceX’s 4% float makes its August/September unlocks a key risk window.

Avi Felman × Jonah Van Bourg

SpaceX’s $135 IPO reached $177 within 35 seconds, valuing the debut at $1.77 trillion and keeping attention on mega-trend pricing.Its low float, high FDV, and forced index inflows support the rally, while insider unlocks and OpenAI and Anthropic listings could create a liquidity test.