Anthony Scaramucci Says Bitcoin Poised To Follow The S-Curve Of Adoption Like Amazon, Microsoft: ‘Cannot Be Devalued’

SkyBridge Capital founder Anthony Scaramucci suggested on Wednesday that Bitcoin (CRYPTO: BTC) is tracing an adoption path akin to that of Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corp. (NASDAQ:MSFT).

Scaramucci Says Bitcoin Can’t Be ‘Devalued’

During an interview with RiskReversal Media, Scaramucci said that traditional fiat money is essentially “worthless,” but it gains value because people trust it.

Bitcoin, he added, is an improved version, which happens to be “an open, transparent, fully decentralized and fully secured” by a network of computers.

“This is a computer program that cannot be devalued,” Scaramucci said.

The natural next question is — why does Bitcoin’s value fall then?

Full story available on Benzinga.com