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SkyBridge Capital Co-founder Anthony Scaramucci Says Bitcoin is “As Safe As Bonds and Gold”

Amy Liu

Summary: SkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin in the coming years in an opinion piece. Scaramucci's firm unveiled its Bitcoin Fund LP, one that holds over $310 million worth of the asset, $25 million of which is SkyBridge’s own. He wrote in the article, “Investors are scooping up Bitcoin, which, ...

SkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin in the coming years in an opinion piece. Scaramucci's firm unveiled its Bitcoin Fund LP, one that holds over $310 million worth of the asset, $25 million of which is SkyBridge’s own.

He wrote in the article, “Investors are scooping up Bitcoin, which, because of its very nature, is impervious to inflation. By the law of supply and demand, that makes Bitcoin a limited—and in-demand—asset.” 

He further stated that financial institutions like trillion-dollar asset manager Fidelity’s recent advancements into the Bitcoin space made investing (for retail and institutional investors) “as safe as owning bonds and commodities like gold.”

By Amy Liu

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