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SkyBridge founder Anthony Scaramucci says Bitcoin to reach USD 100K by 2024

Bitcoin is the hottest topic on which everyone wants to know about its technology, future and views of famous personalities. In this connection, here we are presenting the views of the former White House Director of Communications. 

During an interview on March 4, a former White House director of Communications Mr Anthony Scaramucci discussed his latest views on Bitcoin. He is the founder of SkyBridge Capital (“SkyBridge”). It is a global alternative investing venture. Scaramucci remarked in the interview that believes bitcoin as a storey of early technological adoption that matches much of what happened in Web 1. According to him, the bitcoin industry will eventually be properly regulated. Bitcoin may hit USD 100,000 by 2024. He is “definitely sure” that it will achieve that level within the next two years.

According to him, somebody who understands the technical aspects of bitcoin and has devoted time to learning about it or has done his study on bitcoin would almost surely invest in bitcoin. Scaramucci has already put USD 1 billion in Bitcoin. Bitcoin is equal to digital gold in his eyes. He does not, however, consider himself a Bitcoin advocate. He also never stated and does not believe that bitcoin is an inflation hedge.

He argued that normal investors who have no prior experience with cryptocurrencies could buy some Bitcoin and then average it. Averaging is the only method to handle technology like bitcoin.

SkyBridge Capital is a venture that is registered with the USA’s Securities Exchange Commission for investment advisory and worldwide alternative investment management. The organisations have invested in hedge funds, digital assets, equities, and real estate.

 

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