Anthony Scaramucci: Bitcoin is evolving into a mature international asset

Anthony Scaramucci ( in an interview with Bloomberg stated that the driving force behind the evolution of Bitcoin has been the growing acceptance of cryptocurrency by society — investors are willing to invest money in Bitcoin for the long term. The growth of crypto addresses in the Bitcoin network has significantly accelerated — their number has now surpassed over 300 million worldwide, the businessman reported.

The head of SkyBridge Capital expects that in the future the number of bitcoin owners could reach one billion people, which will be an important milestone in the development of cryptocurrencies. This will reduce the fluctuations in the BTC exchange rate and strengthen the asset’s position in the long-term portfolios of investors, believes Scaramucci. The decrease in bitcoin volatility will attract more large corporate entities to the crypto industry, whose positive investment experience in digital assets could contribute to an increase in the number of large coin holders.

“Ultimately, we are witnessing the evolution of bitcoin from a technological asset into something more akin to digital gold. The question arises: is bitcoin an investment or an asset class? If it is an investment, then a market capitalization of bitcoin at $1–3 trillion makes perfect sense. But if it is an asset class, it should trade closer to the boundaries where gold currently stands. That is $22–23 trillion,” said Scaramucci.

Recently, Scaramucci suggested that the rise in the price of Bitcoin may slow down against the backdrop of the trade war between the USA and other countries, as it intensifies economic uncertainty. Earlier, the entrepreneur doubted that US President Donald Trump is truly ready to support the development of the crypto industry.