Anthony Scaramucci, founder of SkyBridge Capital, said at the Messari Mainnet conference in New York the worst of this bear market in digital assets is over.
He has said:
"If you got your Bitcoin, I wouldn't sell your Bitcoin, you made it through winter. [...] The next 10 to 20 years are remarkably bullish." optimistic."
According to him, the younger generation will bring BTC into the mainstream, just as the Internet once did.
The investor has acknowledged the presence of "headwinds" for Bitcoin in the macroeconomic environment: high interest rates, hostility from SEC chairman Gary Gensler, and negativity around digital asset adoption.
He is confident Bitcoin offers more prospects than gold. In his view, the spread of Bitcoin ETFs will lead to mass adoption of digital assets.
Scaramucci has stated:
"Every single Wall Street firm is going to have a bitcoin ETF in their arsenal. When Wall Street has something in their arsenal, they sell it to their clients...The market [for Bitcoin] is going to widen."