Bitcoin (BTC) surpasses gold if investors take the time to study it, according to hedge fund manager Anthony Scaramucci.
In an interview with CNBC on March 18, SkyBridge Capital CEO Scaramucci cemented his belief in bitcoin to the general public.
Scaramucci on Bitcoin and gold: ‘the world is changing’
With Bitcoin growing in 2021, it continues to be questioned whether gold makes a profit, which has not taken advantage of the risk associated with printing government money in the world.
Comparing the two origins, Scaramucci leaves no doubt about his preference, claiming that gold may have been the best store with value for 4,000 years, but nothing lasts forever.
“The world is changing – this is the latest record, Joe, the world is changing,” he told host Joe Kern.
The comments challenge the persistent flaws in gold, especially Peter Schiff, who remains convinced that Bitcoin will fail, leaving gold as the only option to avoid the central bank’s political risk.
Continuing, Scaramucci claimed that Bitcoin is money as a technology – a key argument among Bitcoin supporters as the author of Bitcoin Standard Saifedian Ammos.
“In many ways, if you study this, it’s better than gold. It’s easy to store, you can move it faster, and this value – this reliable network – increases.”
And Scaramucci continued, “And be careful.” “You do not have to own many things, just a few.”
It is estimated that there are currently around 125 million Bitcoin users, and that the number is expected to reach 1 billion by 2025.
SkyBridge made headlines when it launched the BTC fund in December 2020, while the price of Bitcoin was in the middle of one of the corresponding peaks of $ 30,000.
Since then, the institutional trend has intensified. This week, Morgan Stanley became the first major bank to give customers access to bitcoin money.
Cointelegraph also reported, NYDIG boss Robby Gottman indicated that a series of adoption announcements will begin this week that will inherently be game-changing.
“Ordinary media floods investors with an accurate story – Bitcoin is better than gold,” said Anthony Pomplano, co-founder of Morgan Creek Digital, Scaramucci, praising his efforts.