Anthony Scaramucci, CEO of SkyBridge Capital, predicts that digital assets will bring about a financial revolution, drawing trillions of dollars to the crypto markets.
During an interview with Brian Rose on London Real, Scaramucci highlighted the potential of cryptos to surpass traditional financial systems in terms of efficiency and cost-effectiveness, ultimately leading to the widespread adoption of digital assets.
He also referenced Marc Andreessen, co-founder of Andreessen Horowitz, who believes that blockchain technology has the power to disrupt the traditional financial system.
“The blockchain and cryptocurrency and web3 could be bigger than the internet itself. And if you actually understand what’s happening, and Marc Andreessen said this better than me, he invented the Netscape browser [and he] is a big part of web1. He said, ‘Okay, this is bigger than Web1. Why? Because it’s going to dis-intermediate transactions. It’s going to take third parties out of the system.”
He continued and said the following:
“There’s going to be a lot of costless things that happen, where fees that were once charged by banks and other intermediaries won’t be able to be charged because the technology is so good.’”
Should you stay with Bitcoin during this state of the US?
Robert Kiyosaki, a successful author with millions of book sales, recommends investing in Bitcoin (BTC) and precious metals as a solution to the growing national debt and financial inequality.
He feels disheartened by the current state of America and has shared his views with his 2.4 million Twitter followers.
Due to his concerns about the US economy, he plans to focus on investing in “real assets,” such as Bitcoin, silver, and gold.
“WHY is [the] stock market taking off? Because the ‘debt ceiling’ was removed. This means national debt to rise with the stock market. Rich get richer as America gets poorer. Sad. Sticking with real money and real assets: gold, silver, Bitcoin.”
Kiyosaki has once again advised people to invest in cryptocurrency. He had previously warned in June that regional banks and mortgage companies were at risk of collapsing.
