Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Founder of Tianqiao Capital: When the scale of Bitcoin is large enough, it will serve as both an inflation hedge tool and a store of value

Founder of Tianqiao Capital: When the scale of Bitcoin is large enough, it will serve as both an inflation hedge tool and a store of value

2024/04/17 06:59
BTC+1.47%

On April 17th, Anthony Scaramucci, the founder of Skybridge Capital, responded to some critics' concerns that Bitcoin is neither an inflation hedge tool nor a store of value, especially considering its recent performance during the Middle East conflict. Scaramucci explained that in terms of current global adoption rates, Bitcoin is neither. However, he emphasized that Bitcoin is still an early-stage technological asset and will trade like other risk assets until it has over one billion users, which should happen by the end of 2026. When Bitcoin's scale is large enough, it will serve as both an inflation hedge tool and a store of value simultaneously.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Adam Back suggests investors choose Bitcoin
金色财经2025/10/02 20:58

Trending news

More
1
Adam Back suggests investors choose Bitcoin
2
WLFI whale deposits another 2,000 ETH to a certain exchange, having sold 4,000 ETH in the past two days

Crypto prices

More
Bitcoin
Bitcoin
BTC
$120,309.29
+2.44%
Ethereum
Ethereum
ETH
$4,482.6
+3.84%
XRP
XRP
XRP
$3.05
+3.88%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,082.88
+6.06%
Solana
Solana
SOL
$232.96
+6.37%
USDC
USDC
USDC
$0.9997
-0.03%
Dogecoin
Dogecoin
DOGE
$0.2611
+6.33%
TRON
TRON
TRX
$0.3427
+0.29%
Cardano
Cardano
ADA
$0.8691
+3.42%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter