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Skybridge Capital Founder: Institutions will accelerate Bitcoin adoption in the coming quarters

Skybridge Capital Founder: Institutions will accelerate Bitcoin adoption in the coming quarters

Bitget2024/05/18 02:34

SkyBridge Capital founder Anthony Scaramucci believes that institutions have begun to fully adopt Bitcoin and will accelerate rapidly in the coming quarters. Scaramucci made this statement during an interview with CNBC, emphasizing that major financial institutions and pension funds are increasingly accepting Bitcoin.

He pointed out that Wisconsin recently announced its investment in Bitcoin, hinting that other pension funds may follow suit. He attributed the growing interest of institutions in Bitcoin to regulatory approval, which has resolved a key obstacle faced by large institutional investors.

Scaramucci also discussed the broader impact of adopting Bitcoin, describing it as "digital gold" rather than a common currency, and emphasized the role of Bitcoin in hedging against massive money printing and inflation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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