The first cryptocurrency has earned endless acclaim! Among its admirers is Anthony Scaramucci, a leading US businessman and founder of Skybridge Capital. He has praised the Trump administration's plans to create legislation for Bitcoin and stablecoins, as well as establish a government cryptocurrency reserve. This is indeed a significant step at the national level!

Scaramucci believes that the US president is on the right track. In his view, Bitcoin should be part of the national reserve alongside traditional assets such as gold and oil.

The businessman predicts that large institutional entities will likely be gobbling up Bitcoin in the next three to six months. This shift is expected to occur despite continued skepticism toward BTC from many investors and policymakers. Scaramucci claims that for the United States to remain competitive, it must embrace Bitcoin. According to the expert, there are many countries potentially increasing their BTC holdings, so a failure to act could put the United States at a disadvantage.

The Skybridge Capital founder believes that fiat currencies are facing inflationary pressures, and Bitcoin's limited supply enhances its appeal as a reserve asset. Despite political disagreements over digital currencies, Scaramucci has urged lawmakers to adopt a more pragmatic approach to holding BTC. He concludes that if the United States becomes a Bitcoin holder, other countries are likely to follow suit. According to Scaramucci, Bitcoin is a digital store of value, comparable to digital gold. Looking ahead 10 to 15 years, he predicts that Bitcoin will play a key role in stabilizing the dollar and maintaining its dominance.

In 2024, the entrepreneur predicted that Bitcoin would surpass $100,000, citing the successful launch of spot BTC exchange-traded funds in the United States. Recently, Scaramucci also suggested that Ethereum could lose out to its rival Solana in the tokenization race due to high transaction fees and slow transaction speeds.