Anthony Scaramucci - The Future of Money: Bitcoin's Path to a $15 Trillion Market Cap

Opto Sessions – Invest in the Next Big Idea

Get Opto’s best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletter
Today, we have the privilege of sitting down with none other than Anthony Scaramucci, a man known both as 'The Mooch' and as the founder and managing partner of SkyBridge Capital. You might also remember him as the former White House Director of Communications.
Anthony shares his vision for the 'future of money', his belief in the immense power of Bitcoin, and the transformative potential of artificial intelligence, with Nvidia standing out as a 'clear winner.' In this episode, he voices deep concerns about the current monetary system, emphasising the devaluation of fiat currencies and challenges faced by the Federal Reserve. He envisions Bitcoin evolving into a store of value, potentially reaching a staggering $15 trillion market capitalisation, rather than serving as a universal currency. The Mooch also discusses SkyBridge's investments in the digital asset space and teases the upcoming launch of a SkyBridge AI ETF in 2024. We conclude the interview by covering the collapse of FTX, with Anthony sharing insights into the ongoing Sam Bankman-Fried trial and his take on the next big idea.
A quick note: This conversation took place prior to the recent escalation of conflict involving Hamas and Israel. Thus, you'll find that Anthony does not express his views on this matter during our discussion. Nonetheless, we delve into topics that possess far-reaching implications, not only for the realms of finance and investments but also for the landscape of global governance and cutting-edge technology. Enjoy!
------------------

Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.