The founder of SkyBridge Capital – Anthony Scaramucci, is not stunned by the recent decline of bitcoin’s USD price. Just the opposite, he believes that its fiat currency value will reach new heights in the next 24 months.
BTC Will Be Back
In a recent CNBC interview, the American financier Anthony Scaramucci reassured the supporters of the primary cryptocurrency that it will overcome its current downward volatility. He reminded that Bitcoin’s performance in 2021 is still impressive, being 10% up, despite its recent nosedive.
SkyBridge Capital’s CEO made an interesting reference as he compared the digital asset to Amazon. In the late 20th century, the multinational e-commerce giant was in its infancy and its stock price was quite volatile as well. However, investing in it back then would bring massive gains nowadays:
”If you went back to Amazon’s IPO back in 1997, if you held that stock, $10,000 of that stock on its IPO is now worth $24 million. But you would have subjected y
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