Anthony Scaramucci: Bitcoin’s Market Capitalization Will Reach $15T
Anthony Scaramucci, founder of SkyBridge Capital, has said that Bitcoin could “easily” become an asset with a market capitalization of $15 trillion.
According to him, the capitalization of the largest crypto on the market will experience a 2,662% increase, as it currently stands at around $540 billion.
He has said that with such a capitalization the price of Bitcoin will reach around $700,000.
The SkyBridge CEO believes that BTC is “in many ways more valuable than gold” and in the future could become a store of value.
However, the asset is unlikely to approach the “universal standard of money,” as some cryptomaximalists want, he has said.
The company’s CEO has added:
“Still some weird things could happen where you could see nations that are hostile to the US trading with Bitcoin or trading with a gold-backed denominated something or other, away from the US dollar because of the way the US has used the dollar in terms of asserting its geopolitical will on others.”
