Part 4/7:
On the topic of a strategic reserve for Bitcoin, Scaramucci anticipates some movement in this area, albeit at a small scale. He applauded recent political maneuvers, stressing the importance of bipartisan support in establishing such a reserve. He expressed concerns that if only one political party backs Bitcoin and the power dynamics shift, there could be unforeseen repercussions for the cryptocurrency market.
He noted the existing strategic reserves the U.S. manages, which include not just gold and oil but also various critical materials. Scaramucci believes Bitcoin could eventually join this roster as a key asset that the country may want to retain.