Antony Scaramucci, founder and CEO of venture fund SkyBridge Capital, which invests in Bitcoin, told CNBC that eventually anyone who “does their homework” will invest in Bitcoin. According to Scaramucci, these two altcoin projects, which have not yet received a share in their portfolio, have great potential.
Ray Dalio, Paul Tudor Jones turn to Bitcoin
According to Scaramucci, Bitcoin has the power to lure even its competitors. If investors start to study BTC carefully and “do their homework”, they may be convinced of the huge potential Bitcoin has.
He referred to billionaire investors such as Ray Dalio, Paul Tudor Jones, and Stanley Druckenmiller. These names were against the leading cryptocurrency Bitcoin and now they hold BTC in their portfolio.
Among these former Bitcoin skeptics are Shark Tank co-host Kevin O’Leary (commonly known as Mr. Wonderful) and billionaire and Dallas Mavericks basketball team owner Mark Cuban. He now sees Bitcoin as a store of value and believes Dogecoin is the perfect crypto for payments. The Mavericks online store accepts DOGE for tickets and merchandise, and according to Cuban, people spend thousands of USD each month in Dogecoin. He also likes Ethereum because of smart contracts.
Here’s what altcoin projects does Scaramucci believe in?
As part of the BTC study, Scaramucci recommended that you read the BTC whitepaper written by Satoshi Nakamoto, the mysterious person or team of them that created Bitcoin in 2008-2009.
As for his own crypto assets, Anthony Scaramucci owns one billion USD worth of Bitcoin. He believes that BTC is the digital analogue of gold. He also believes that Ethereum (ETH) and Cardano (ADA) have great potential and will continue to rise in the future.
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