The founder of the Skybridge Capital Foundation Anthony Scaramucci called Bitcoin a unique transaction, comparing it with the legendary acquisition of Manhattan Island in 1626.

Scaramucci is sure that now investments in Bitcoin are reminiscent of the time when the Dutch politician Peter Minuit bought this island from the Indian tribe for goods in the amount of 60 Dutch guilders. At that time, this amount was equivalent to about $ 24. Nowadays, the acquisition of land on Manhattan costs several million dollars.

The head of Skybridge Capital admitted that Bitcoin investors will not be able to avoid risk of volatility, like pioneers of any new asset. However, according to Scaramucci, these difficulties associated with the surges of the course and the uncertainty of cryptocurrency regulation can become part of the “adventure on the development of a new asset”. If investors retain patience in conditions of volatility, in the future they will reap the “fruits of pioneers”.

Scaramucci emphasized that buying BTC for $ 111,000 will be very cheap – bitcoin has yet to experience explosive growth, since cryptocurrency has huge potential. The investor claims that the first cryptocurrency is still at an early stage of development, “in its infancy.” Scaramucci again compared Bitcoin with Manhattan in 1690, when skyscrapers have not yet been built on it. Today, investors can consider bitcoin overvalued. However, Scaramucci predicted that this year the BTC rate can reach $ 200,000. The investor also said that, despite faith in Bitcoin’s prospects, he holds Solana altcoin.

Previously, Scaramucci said that Bitcoin was formed in a mature international asset that could become an alternative to gold. At the same time, the investor called the release of bitcoin bonds dangerous – he fears that they can damage the first cryptocurrency.