Anthony Scaramucci, co-founder of Skybridge Capital and ex-White House communications director, said that he was only interested in the “big dog” – bitcoin, and not other cryptocurrencies.
In an interview, Anthony Scaramucci explained why, of all digital assets, he is attracted only by Bitcoin. First of all, Bitcoin’s market capitalization has exceeded $ 1 trillion. The first cryptocurrency has already turned 12 years old, and during this period, bitcoin has about 8,300 rivals claiming its place.
Despite this, bitcoin is still the first cryptocurrency in every sense of the word. On January 4, 2021, the Bitcoin-based SkyBridge Bitcoin Fund LP was launched. It was difficult to attract investors to Bitcoin due to its volatility, Scaramucci said. As for other altcoins, there are even more similar concerns among investors. Therefore, the founder of SkyBridge is convinced that the first cryptocurrency has a much better chance of getting into the portfolio of traditional investors.
“Our main goal is to transform people from cryptocurrency skeptics into holders of cryptoassets, although this is a difficult task. We have to fight FUD: fear, uncertainty and doubt, ”said Scaramucci.
He believes that in order to spread bitcoin, it is necessary to provide people with as much information as possible about cryptoassets. Scaramucci teamed up with Skybridge COO Brett Messing to hold regular conferences about bitcoin, talking about its ups and downs, risk management, and cryptocurrency investments from major investors such as MicroStrategy and Tesla. Messing recently suggested that Bitcoin could get to $ 100,000 over the next year and a half.
“I’m half parrot, half woodpecker. Therefore, I can talk about bitcoin with enthusiasm over and over again, and I can peck my brain about bitcoin with such persistence until my head explodes, “Joked Scaramucci.
He expressed the hope that over time, his private index fund will be transformed into an exchange-traded investment fund (ETF) for bitcoin. Last month, the Ontario Securities Commission approved the launch of a second exchange-traded fund (ETF) for bitcoin. Scaramucci said he looks forward to seeing the US follow Canada’s lead.
Earlier, the founder of SkyBridge Capital called Bitcoin a mature investment asset worthy of comparison with gold and bonds.