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August 9, 2022
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Anthony Scaramucci: Bitcoin can be a good store of value –

Anthony Scaramucci, founder of SkyBridge Capital, stated that Bitcoin could be a great store of value. According to him, cryptocurrency could well serve an investor only as a store of value and does not have to become a commonly used form of payment.

Anthony Scaramucci: Bitcoin doesn’t have to be used to pay for anything

SkyBridge founder Anthony Scaramucci sees Bitcoin as a storehouse of value. In an interview with Reuters Digital Assets Week 2021 He said that Bitcoin does not have to become a currency in the strict sense to be successful.

– It can simply be a store of value, and then you will transfer your Bitcoins to different currencies in which you want to trade – He said.

Scaramucci, who was previously an associate of Donald Trump and was fired by him in 2017, admitted that he was not and is not a Bitcoin maximalist.

– I can’t believe that Jesus and Moses met and had a child, and the child was Bitcoin – that’s not me. I can see the risk of Bitcoin, it’s a volatile asset – He said. – I am a bitcoin investor. I used to be a bitcoin skeptic – he explained.

There is a long way to go before cryptocurrencies

The previous White House administration was quite skeptical about BTC. The current position is unknown, although Treasury Secretary Janet Yellen is quite hostile about cryptocurrencies.

Certainly, Bitcoin has a long way to go before it can replace the dollar Scaramucci said now.

However, this process can be accelerated by the central banks themselves, which constantly print new money and even think about the issue of digital currencies, which will make reprinting easier for them.

According to Scaramucci, American welfare programs are making cryptocurrencies a hedge against the depreciation of the dollar. As he added, it is possible that other alternative assets, such as “Non-exchangeable tokens” (NFT).

Scaramucci said that “Old people like me don’t know what they are [NFT]”, but his children already know about it.

This is what awaits us. Don’t be an old whore, get the knowledge and get to know it as soon as possible – added.

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