Part 3/7:
Scaramucci is particularly excited about the potential supply shock that could impact Bitcoin's price trajectory. An increase in demand combined with a capped supply of Bitcoin could lead to significant price movements. With growing institutional interest and a clearer regulatory framework, he posits that Bitcoin could reshape perceptions of value in modern finance.
Bitcoin's Role as Digital Gold
Scaramucci makes a compelling case for Bitcoin's place in the financial landscape, likening it to "digital gold." He believes that as younger generations become more entrenched in a digital-oriented world, the demand for Bitcoin will increase. He also warns that countries like China may pursue Bitcoin to strengthen their economic position as they begin to view it as a strategic reserve asset.