Scaramucci Sees Massive Gains for Bitcoin in Comparison to Gold

SkyBridge Capital’s Anthony Scaramucci is the latest Wall Street maven to get on the Bitcoin bandwagon, launching a crypto-centric fund this week and predicting the digital asset could be poised for massive gains.

“Bitcoin is better at being gold than gold is at being gold,” Scaramucci, the firm’s founder and managing partner, said in an interview Tuesday. “It’s easier to store, it’s harder to steal, it’s more portable, and so therefore, it’s become the ledger or the storage of the future in terms of the storage of value.”