Why Anthony Scarmucci Is Bullish on Bitcoin Despite Bear Market

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Why Anthony Scarmucci Is Bullish on Bitcoin Despite Bear Market
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Skybridge Capital founder Anthony Scaramucci maintains that Bitcoin is better than gold.

that there are currently 420 million crypto holders worldwide – about 4.2% of the world population.

Nevertheless, the American financier maintained “is better than gold,” a precious metal that has appreciated strongly against the U.S. dollar since President Nixon ended the gold standard five decades ago. Bitcoin is often compared to gold as both an inflation hedge and a store of value due to the limited supply of each asset.

 

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