Investors who study Bitcoin carefully (BitcoinAccording to Anthony Scaramucci, CEO and founder of SkyBridge Capital,) was eventually persuaded to hold a stake in the cryptocurrency.
In an interview with CNBC on Monday Capital connection, Scaramucci – he also served as the head of communications for President Donald Trump for 10 days – urge Investors “do their homework on Bitcoin” and “understand what it is”, it is recommended to read White paper written by anonymous Bitcoin creator Satoshi Nakamoto.
Scaramucci said that as many well-known investors around the world realize the potential of cryptocurrencies, the understanding of Bitcoin will inevitably lead to more and more people adopting:
“Anyone who does their homework will eventually invest in it. Look at Ray Dalio, a Bitcoin skeptic, and now a Bitcoin investor.”
The executive added that other world-renowned investors like Paul Tudor Jones with American billionaire Stanley Druckenmiller I also bought Bitcoin. “These smart people did their homework and came to the conclusion that they need to own a bitcoin,” he said.
Scaramucci pointed out that since its inception in January 2009, Bitcoin has grown by more than 100,000%. Think about it,” Scaramucci pointed out.
Scaramucci’s remarks come as Bitcoin is approaching its Set a record high last week, According to reports, at the time of writing, BTC is trading at $63,277 data From CoinGecko. On October 20th, Bitcoin broke through $67,000 for the first time in its history. A year ago, the trading price of this cryptocurrency was approximately $13,000.
Some big-name investors around the world claim that Bitcoin is not particularly easy to use.According to Tim Draper, a major investor in the crypto industry, Bitcoin’s lack of ease of use is Major obstacles to mass adoption Cryptocurrency. American billionaire entrepreneur Mark Cuban argued last year that Bitcoin needs to be simple enough “Grandma can use it” before mass adoption.