Anthony Scaramucci Says Bitcoin 'Checks Every Single Box' Of What Defines 'Money' And That's Why He's 'Bullish' [Yahoo! Finance]
Morgan Stanley (MS)
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Source: Yahoo! Finance
Anthony Scaramucci, founder of global investment firm SkyBridge Capital, said on Sunday that Bitcoin fulfills all the requirements of a proper money system, fueling his bullish outlook on the apex cryptocurrency. ‘Bitcoin Has Built Its Own Trust System' In an X post, Scaramucci emphasized the trustworthiness of Bitcoin, comparing it to the trust people have in fiat currencies. “A dollar bill is made of linen and cotton. But we accept it because we trust it,” Scaramucci stated. “Over 16 years, Bitcoin has built its own trust system — decentralized, no central authority, no single point of failure.” Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast Scaramucci also pointed out the involvement of major financial institutions in the cryptocurrency market . He mentioned that Morgan Stanley has entered the Bitcoin market and Goldm
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