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The Julia La Roche Show

#217 Anthony Scaramucci: If I'm Right, Bitcoin Will Be Worth 10X From Where It Is Today

59 min5 december 2024

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

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