Anthony Scaramucci Says Bitcoin Is Evolving From A Tech Asset To Digital Gold
Anthony Scaramucci believes Bitcoin (CRYPTO: BTC) is in the midst of a structural transformation, from a volatile tech-aligned investment to a maturing global asset more comparable to digital gold.
What Happened: In an interview with Bloomberg on Monday, the SkyBridge Capital founder said Bitcoin’s growing adoption and long-term holding behavior are driving this evolution, dampening volatility and pushing it into the asset class category rather than a speculative investment.
“Ultimately, what we see is the evolution of Bitcoin from being sort of a tech asset tied to the Mag 7 or Nasdaq to something that’s more akin to digital gold,” Scaramucci said.
As wallet growth accelerates, now estimated at over 300 million globally, he anticipates that broader adoption could lead to a billion holders, …
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