#217 Anthony Scaramucci: If I'm Right, Bitcoin Will Be Worth 10X From Where It Is Today
Anthony Scaramucci, managing partner of SkyBridge Capital, joins Julia La Roche on Episode 217 to discuss his new book "The Little Book of Bitcoin." He shares his journey from his 11-day tenure as White House Communications Director to SkyBridge Capital's bold entry into cryptocurrency that nearly led to the firm's collapse. Scaramucci offers insights on failure, risk-taking, and explains why he believes Bitcoin's value will increase tenfold from today's price. Links: https://x.com/scaramucci https://www.amazon.com/Little-Book-Bitcoin-Already-Figured/dp/1394286643 0:00 Welcome Anthony Scaramucci 01:50 Scaramucci on Trump 04:00 Politics 05:00 Impact on relationship 06:23 Take risks and fail 08:37 How bad did it get economically? 10:29 Doing nothing is sometimes the best thing to do, but it's very hard on Wall Street 12:20 Island of Elba observation 14:15 Getting fired from the White House 17:55 Macro picture 25:00 Skybridge taking a massive risk in 2020, going in on Bitcoin 32:00 Raising money again, buying Bitcoin still 33:57 Said Bitcoin was going to $100K at the end of 2022 36:13 Trump and Bitcoin 39:17 Michael Saylor 43:16 Bitcoin existing as part of Wall Street 50:00 If I'm right, it's going to be worth 10x where it is today, $150K-$300K next 3-5 years 53:11 Why Gary Gensler helped the crypto industry 55:30 Parting thoughts