Those who do their homework end up investing in bitcoin: Scaramucci

Hedge fund investor Anthony Scaramucci argues anyone who studies bitcoin carefully and understands the cryptocurrency will be convinced of its potential.

“Do the homework on bitcoin, understand what it is,” the founder and managing partner of SkyBridge Capital told CNBC’s “Capital Connection” on Monday. He suggested reading the white paper by the creator of bitcoin, among other materials.

“Anybody that does the homework … ends up investing into it. Look at Ray Dalio, a bitcoin skeptic, now a bitcoin investor,” he said, adding that other big-name investors such as Paul Tudor Jones and Stanley Druckenmiller have also bought bitcoin.

“These are brilliant guys [who] did the homework and drew a conclusion that they needed to own a piece of bitcoin,” he said.

Trump’s SPAC

Be the first to comment

Leave a Reply

Your email address will not be published.