Anthony Scaramucci Explains Why He's Long Bitcoin and Gold: 'Imagine an American President...Sitting in Front of a $55 Trillion Deficit'
SkyBridge Capital founder Anthony Scaramucci positioned Bitcoin and gold as "part of the answer" to a changing monetary system under strain from fiscal pressures and declining purchasing power.
A money expert thinks Bitcoin and gold might become more valuable if the U.S. government keeps spending more money than it takes in, which could make regular money worth less over time. When you see big government money problems in the news, some people watch gold and Bitcoin to see if people are getting worried about money's strength.
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