{"id":36410,"date":"2025-07-11T15:03:05","date_gmt":"2025-07-11T15:03:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36410"},"modified":"2025-07-11T15:03:05","modified_gmt":"2025-07-11T15:03:05","slug":"bitcoin-is-the-manhattan-of-the-digital-age-says-scaramucci-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36410","title":{"rendered":"Bitcoin Is The \u2018Manhattan\u2019 Of The Digital Age, Says Scaramucci\u2013Here\u2019s Why"},"content":{"rendered":"<div>\n<p>According to a recent interview, SkyBridge Capital founder Anthony Scaramucci drew a bold comparison between today\u2019s Bitcoin market and a famous land deal from 1626.<\/p>\n<p>He said investors who buy BTC now will face big swings just like the first people who tried any new asset. In his view, those bumps in the road are part of getting in early on something big.<\/p>\n<h2>Early Bitcoin Purchase Analogy<\/h2>\n<p>Scaramucci pointed out that <a href=\"https:\/\/www.historiclowermanhattan.org\/immigration\/blog-post-title-one-6fnjb\" target=\"_blank\" rel=\"noopener nofollow\">Peter Minuit<\/a> bought Manhattan Island for just 60 Dutch guilders, or about $24 at the time. Based on reports, land in Manhattan today costs millions.<\/p>\n<p>He used that gap to argue that buying 1\u202fBTC around $111,000 feels like a bargain. Minuit\u2019s deal grew into one of the world\u2019s most valuable real estate markets. Bitcoin, he believes, could follow a similar path.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">JUST IN: ANTHONY SCARAMUCCI COMPARES <a href=\"https:\/\/twitter.com\/hashtag\/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#BITCOIN<\/a> AT $100K TO BUYING MANHATTAN IN 1690<\/p>\n<p>\u201cTHIS IS DIGITAL PROPERTY. YOU EITHER SEE IT, OR YOU DON\u2019T.\u201d <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/DO4hHX1INV\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/DO4hHX1INV<\/a><\/p>\n<p>\u2014 The Bitcoin Historian (@pete_rizzo_) <a href=\"https:\/\/twitter.com\/pete_rizzo_\/status\/1943219485013331997?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">July 10, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Volatility And Early\u2011Adopter Risks<\/h2>\n<p>Investors in Bitcoin know sharp price swings can happen at any moment. The top crypto asset has plunged 70% or more in past cycles, only to rebound later. Scaramucci said that kind of ride is what pioneers signed up for.<\/p>\n<p>He warned that anyone who can\u2019t handle sudden drops might bail out before the next rally. At the same time, those who stay could see big gains.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-528964\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_6ea965.png?resize=723%2C405\" alt=\"\" width=\"723\" height=\"405\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_6ea965.png?w=723 723w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/a_6ea965.png?w=640 640w\" sizes=\"(max-width: 723px) 100vw, 723px\"><\/p>\n<p>According to market data, Bitcoin hit a <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\">record high of $118,200 today<\/a> before slipping back to $111,120. Trading volume surged as that peak was reached. It\u2019s a reminder that every rally brings its own tests.<\/p>\n<p>Altcoin Spotlight On Solana<\/p>\n<p>While Scaramucci\u2019s focus is on Bitcoin, he revealed his top alternative holding is <a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\" target=\"_blank\" rel=\"noopener nofollow\">Solana<\/a>. Based on reports, he said SOL\u2019s speed and low fees make it useful for more than just trading. That choice shows he\u2019s betting some of his gains on other networks. Many investors follow a similar playbook: put most money in Bitcoin and a smaller share in projects that could grow faster.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/uQY62O6A\/\" width=\"1835\" height=\"884\"><br \/>\nRegulatory And Market Challenges Ahead<\/p>\n<p>Scaramucci didn\u2019t shy away from risks beyond price swings. He mentioned that US regulators are still deciding how to treat <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto<\/a>. Data shows that any new rules on exchanges or tokens could shake up the market. He also flagged the chance of a big sell\u2011off if economic worries spike again.<\/p>\n<p>Bitcoin Market Still Maturing<\/p>\n<p>He argued that Bitcoin is still in its infancy. By comparing it to Manhattan in 1690\u2014before any tall buildings existed\u2014Scaramucci wants to show there\u2019s room to grow.<\/p>\n<p>He forecast a BTC price of $200,000 before year\u2011end. Those numbers suggest he sees at least an 80% jump from current levels. Whether that happens will depend on more firms and people using crypto over time.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent interview, SkyBridge Capital founder Anthony Scaramucci drew a bold comparison between today\u2019s Bitcoin market and a famous land deal from 1626. He said investors who buy BTC now will face big swings just like the first people who tried any new asset. In his view, those bumps in the road are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36410","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36410"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36410\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}