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
