đ Scaramucci: Bitcoin Is Like Buying Manhattan in 1626
SkyBridge Capital founder Anthony Scaramucci compared investing in Bitcoin today to the legendary purchase of Manhattan Island in 1626 - bought for goods worth just 60 Dutch guilders (around $24 at the time).
đ˘ He believes that despite the volatility and regulatory uncertainty, Bitcoin is still in its "infancy", much like New York before the skyscrapers.
đŹ "Buying BTC at $111K is still cheap. The real growth hasn't even started", he said, predicting that Bitcoin could reach $200,000 this year.
According to Scaramucci, patient investors are the new pioneers and will reap long-term rewards. While he's bullish on Bitcoin, he also holds Solana, and views $BTC as a mature global asset - a real alternative to gold.
đ However, he warned against #bitcoin -backed bond issuance, calling it a potential threat to the asset's integrity.