Crypto Currency News

More companies should include Bitcoin on their balance sheets

The former White House communications director reaffirmed his trust in the crypto ecosystem.

Anthony Scaramucci, a former White House communications director and founder of hedge funds, said this weekend that more companies should include Bitcoin on their balance sheets.

“Due to the explosive growth of the money supply in the US, companies should turn to Bit coin and incorporate it into their assets,” said Scaramucci in an interview conducted by CoindeskTV.

The founder of Sky Bridge Capital called that increase in the money supply a “silent tax on American savers,” and that is why he sees crypto assets as a way to keep savings. “A responsible CFO or treasurer will have to think about other assets to maintain the value of their companies.”

The reason Scaramucci is so bullish on Bitcoin is that, according to him, it is a “solution “to the undermining of the Bretton Woods agreement dating back to the early 1970s. Bitcoin has the potential to “begin to standardize the money again and that will be better for the working poor and the middle class.”

In addition, the expert predicted that it is very possible that Bitcoin will one day be the world’s currency, “unless the US dollar is digitized and is no longer influenced by politicians and legislators.”

Regarding the rise of Decentralized Finance or DeFi, Scaramucci said that we must be attentive to its progress.

Finally, and in reference to the price of Bitcoin, Scaramucci is more optimistic than a while ago, when he predicted that in 2021 it would reach USD 100,000 and believes that the main crypto currency will far exceed that figure. , a former White House communications director and founder of hedge funds, said this weekend that more companies should include Bitcoin on their balance sheets.

“Due to the explosive growth of the money supply in the US, companies should turn to Bit coin and incorporate it into their assets,” said Scaramucci in an interview conducted by CoindeskTV.

The founder of SkyBridge Capital called that increase in the money supply a “silent tax on American savers,” and that is why he sees crypto assets as a way to keep savings. “A responsible CFO or treasurer will have to think about other assets to maintain the value of their companies.”

The reason Scaramucci is so bullish on Bit coin is that, according to him, it is a “solution “to the undermining of the Breton Woods agreement dating back to the early 1970s. Bit coin has the potential to “begin to standardize the money again and that will be better for the working poor and the middle class.”

In addition, the expert predicted that it is very possible that Bit coin will one day be the world’s currency, “unless the US dollar is digitized and is no longer influenced by politicians and legislators.”

Regarding the rise of Decentralized Finance or Defy, Scaramucci said that we must be attentive to its progress.

Finally, and in reference to the price of Bit coin, Scaramucci is more optimistic than a while ago, when he predicted that in 2021 it would reach USD 100,000 and believes that the main crypto currency will far exceed that figure.

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