Bite-Sized Business Law Anthony Scaramucci on Bitcoin’s Big ETF Victory
Bitcoin is a controversial subject, but it is no secret that it is becoming an incredible opportunity for investment. Today’s guest, Anthony Scaramucci, was one of the earliest supporters of Bitcoin and has had an incredible career in business as an investment fund manager and in politics as former White House communications director. He joins us today to talk about Bitcoin’s big ETF victory. Tuning in, you’ll hear about Anthony’s impressive background, what led him to start buying Bitcoin, how his company, Sky Bridge, is invested in Bitcoin, the huge Bitcoin ETF controversy, and more! We delve into why Bitcoin skeptics might simply need more education before discussing why a “boom/bust” cycle is inevitable in society and the importance of patience in investing. Finally, Anthony tells us what to expect for other coins getting ETF approval and what’s happening with Bitcoin abroad. To hear all this and get motivated to do some Bitcoin research, press play now!
Key Points From This Episode:
•Welcoming today’s guest, Anthony Scaramucci.
•Anthony tells us a bit about his background and what led him to work in the White House.
•What made Anthony decide to start buying Bitcoin and his company’s investment in Blackrocks’ Bitcoin ETF.
•The controversy around Bitcoin ETFs in the USA and why the outcome is a victory.
•The DC Circuit Court’s opinion invalidating the SEC’s position on the Bitcoin ETF.
•Anthony encourages listeners to do a deep dive into Bitcoin’s potential.
•Why Bitcoin skeptics simply misunderstand it.
•The inevitability of “boom/bust” cycles in society.
•The importance of patience in investing.
•How Bitcoin has done since the ETF approval.
•Anthony’s prediction about other coins getting ETF approval.
•What’s happening with Bitcoin ETFs all over the world.
Links Mentioned in Today’s Episode:
Anthony Scaramucci on LinkedIn