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Anthony Scaramucci has informed Cryptonews that he anticipates a strategic Bitcoin reserve will materialize “in some form” — and that clear cryptocurrency regulations in the U.S. will be established within the next year.
Speaking at the Digital Asset Forum in London, the founder of SkyBridge Capital also forecasted that BTC’s upward trend will not be hindered by Donald Trump imposing tariffs on global imports.
“I think people need to understand you get the entire buffet table with Donald Trump; you’re not just allowed to have an a la carte meal with him. If you favor pro-crypto regulations, he embodies that — but he also represents self-dealing, putting up a meme coin.”
Even in an “apocalyptic” scenario where Trump “goes completely crazy” — triggering a prolonged bear market or a recession — Scaramucci believes BTC could benefit and become a “reserve asset and gold-like instrument for many individuals around the globe.”
“If you have an economic crisis — and Bitcoin is what we believe it is, which is perfect money, a store of value, long-term digital gold, the operating system for the future of money… if you believe all of those things, and there’s an economic crisis, it’s going to bode well for Bitcoin in the long run.”
Bitcoin’s recent momentum has slowed following the White House’s announcement that it plans to “consider” whether to establish a strategic reserve in the upcoming months — rather than immediately moving to accumulate this cryptocurrency. When asked if there’s a risk this policy might not be implemented, Scaramucci responded:
“Of course there’s a risk. One of the things I really appreciate about this industry — I’ve been in this industry for five years and I have five children — the most impetuous, the most instant-gratifying of my children is this industry. Bitcoiners want things yesterday. They wanted Trump to take his hands off the Bible and at 12:01 PM announce he was going to buy 1 million BTC for the United States. The world doesn’t operate that way.”
Scaramucci expressed high regard for Trump’s White House crypto and AI advisor David Sacks, suggesting there is a reason the stockpile is not being expedited.
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“You want there to be bipartisan support for a strategic reserve. You don’t want Trump to do this unilaterally, because then the Democrats get upset, they come back into power and undo what he did. You don’t want that back-and-forth. You’d prefer to have a few significant Democrats at the table with Donald Trump on this.”
Considering Bitcoin’s popularity in Republican circles, Scaramucci was asked if bipartisan support for a Bitcoin reserve genuinely exists.
“Follow the money. The Republicans won the House, they won the Senate, they won the presidency. Sherrod Brown, who was an 18-year veteran, a Democrat, got ousted primarily with Crypto PAC money. And I think it’s a big eye-opener for the Democrats. I believe they realize they have to come to the center with some level of positive legislation related to stablecoins, Bitcoin, and blockchain in general.”
The Wall Street financier further argued that it is not particularly important whether Donald Trump genuinely cares about the crypto sector or if he was merely appealing to wealthy donors during the election campaign.
“It’s like you’re in the movie Papillon. You’re in solitary confinement, your teeth are falling out, you’re being browbeaten by Gary Gensler and Elizabeth Warren. And Trump shows up at the Bitcoin conference and says ‘I’m with you guys’ — and really says ‘have fun with your Bitcoin.’ It’s like manna from heaven to these Bitcoiners, you know? Whether or not he’s transactional with them, I don’t think they care. And I think to give Donald Trump credit — and he deserves this credit — he’s brought this issue front and center due to his support. I believe it will become mainstream.”
Scaramucci attended the Digital Asset Forum to discuss how significant capital from Wall Street is reshaping the ecosystem — and predicted that regulatory clarity will emerge by February of next year at the latest, comfortably ahead of the midterm elections.
“They have to campaign on this. You really can’t get into June, July… you want to be out there campaigning that you’re pro-Bitcoin, pro-crypto, and you helped get this legislation passed — otherwise you’re going to face the wrath of these crypto political action committees.”
As the interview concluded, Cryptonews inquired whether Scaramucci believes the relationship between Elon Musk and Donald Trump will end in disappointment.
“I think it will remain positive for now because it’s in their mutual interest. Elon’s got a $44 billion megaphone known as X. So when it ends, and it will eventually end, it’s going to fizzle out. It won’t conclude with this kind of Pyrrhic stuff that Trump does to everyone else.”
The post Anthony Scaramucci on Trump, Tariffs, Bitcoin, Regulation and Elon Musk appeared first on Cryptonews.
