"Anthony Scaramucci", founder of SkyBridge Capital, issued a warning about the excessive reliance on the Bitcoin bond strategy, considering it could lead to uncalculated risks for investors. He explained that some institutions are using these bonds to raise funds through debt to purchase Bitcoin, which is akin to "playing with fire" in a highly volatile market. Scaramucci emphasized that leverage on a highly volatile asset could magnify losses instead of generating profits. Despite his optimism about the future of Bitcoin, he stressed the need for hedging and avoiding aggressive methods that could expose investment portfolios to significant risks.
