When Shift Happens Podcast

E118: Anthony Scaramucci: Bitcoin was the Greatest Scam in the world (now it's 70% of my net worth)

Apr 24, 2025
In this lively discussion, Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, shares his remarkable journey from Bitcoin skeptic to embracing it, revealing that over 70% of his net worth is now in digital assets. He reflects on childhood financial anxieties that fueled his ambition and explains the 'paradox of wealth' that breeds isolation. Scaramucci also advocates for a strategic Bitcoin reserve and celebrates the idea of uplifting others' successes as a pathway to happiness.
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INSIGHT

Sonder: Deep Empathy Concept

  • The German word 'Sonder' captures deep empathy by recognizing every stranger has a complex personal narrative.
  • This heightened empathy leads to better understanding and relationships beyond surface interactions.
ANECDOTE

Life-Changing $10,000 Check

  • Anthony Scaramucci shares a pivotal memory when his father gave him $10,000 to support his education at Tufts University.
  • This check motivated him to focus seriously on his studies, changing his life's trajectory from carefree youth to disciplined professional.
ADVICE

Celebrate Others' Success

  • Celebrate the successes of others to overcome envy and jealousy, improving your own happiness.
  • Build the habit of genuine congratulations to transcend primitive instincts of comparative envy.
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