Anthony Scaramucci Discusses Bitcoin's Reliability As A Store Of Value

According to Odaily, Anthony Scaramucci, founder and managing partner of global investment firm Skybridge Capital, recently shared his views on Bitcoin in an interview with CNBC. Scaramucci stated that Bitcoin is not a reliable store of value at present but rather an early-stage technology in the process of adoption. He highlighted that many gold investors and enthusiasts often compare Bitcoin to gold. While Bitcoin has stagnated over the past two years, gold has risen by more than 30%, making gold a superior and more reliable store of value. Scaramucci further explained that Bitcoin could only be considered a reliable store of value when its adoption expands to over one billion active crypto wallets. Although he agrees that cryptocurrencies have the potential to become a store of value in the future, they do not currently hold that status.