Billionaire Investor Anthony Scaramucci Reiterates Bitcoin's Value
Billionaire investor and SkyBridge Capital founder Anthony Scaramucci once again stressed the value of Bitcoin in a recent article about it, U.Today reported. He noted that the dollar is far from losing its appeal, but one dollar in 2020 is now only worth about 75 cents. This reduction in the value of the dollar, and technically, the value of most fiat currencies, proves that these central bank notes are not worth relying on as a store of value. Scaramucci encouraged his followers to buy Bitcoin to escape the "real inflation" of fiat currencies. Compared to the US dollar, Bitcoin has seen a relative bull trend since 2020, within the same time frame. In March of this year, Bitcoin soared to an all-time high of more than $73,000.
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