Bitcoin grinds higher from here, can't get much worse, says SkyBridge's Anthony Scaramucci
The 'Fast Money' traders talk the recent downturn in crypto.
Founder, Skybridge Capital
Search every verified Anthony Scaramucci interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Anthony Scaramucci, founder of SkyBridge Capital, has made numerous media appearances discussing Bitcoin, cryptocurrency regulation, and U.S. politics. He has argued that Bitcoin will "grind higher" due to low sentiment and limited supply, and stated that even if the Clarity Act never passes, Bitcoin could reach half the market capitalization of gold, which he estimated at $25 trillion. Scaramucci described the current period as consistent with Bitcoin's typical four-year cycle, predicting a recovery roughly nine months before the next halving in 2028. He expressed support for perpetual futures, saying "you have to accept what's coming, whether you like it or not," while acknowledging elements of them he does not like. Regarding politics, Scaramucci said President Donald Trump "likes to make money more than he likes running the presidency" and described Trump as a "Shakespearean figure" who "eats his young." He predicted that Marco Rubio and J.D. Vance "will never be president" and will go "into the Trump wood chipper." Scaramucci also stated that the Trump era is ending and that the president is "going to go out like a Roman candle." He criticized Trump's financial disclosures, alleging the president engaged in trading that benefited from his public statements, and said Trump "opened up the floodgates and became the scammer and chief" in the crypto industry. Scaramucci described himself as a tech optimist, saying "the optimists make money" and that he does not bet against Elon Musk.
“Let's say nothing changes. Let's say that the government never accepts it. The Clarity Act never passed. We're going to have an antiquated transactional non-tokenized system because the old that the gerontocracy has won. Okay, let's say that that's the case. Okay. So then this will be half the market capitalization of...”
“If you get the Clarity Act passed, you start the tokenization process, uh you mentioned AI. If you get full agentic AI, they're not going to let the AI open bank accounts. So, the AI is going to start with cryptocurrency. The AI is going to say, 'Alessandro, I just paid your dry cleaning bill with XYZ Satoshis.' Or, 'A...”
“The president has to accept certain guard rails on his family and himself and he doesn't want to do that because he really likes to make money more than he likes running the presidency.”
“There's going to be an American president in 15 years that's staring down the barrel of a $55 trillion budget deficit. You just look at the math. I mean it's just just runaway train. The nothing ever stops this train of ridiculous spending and fiat currency printing.”
“There's going to be an American president in 15 years that's staring down the barrel of a $55 trillion budget deficit. You just look at the math. I mean, it's just just runaway train. And so, if you're telling me that that's going to happen, Bitcoin's going to have a role.”
“The president has to accept certain guard rails on his family and himself and he doesn't want to do that because he really likes to make money more than he likes running the presidency.”
“What organization in the world is more corrupt than the Donald Trump White House? The answer is boing, FIFA.”
“Gary Gensler was a pain in the ass to the industry. But you know what Gary Gensler did? He blocked a lot of the low lives and a lot of the people, a lot of the scammers out of the industry. Trump has opened up the floodgates and became the scammer and chief in the industry.”
“We went to war in Iraq and Afghanistan. First time in our history with a tax cut. Every other time in history when we had a major war starting, we raised taxes. We actually cut taxes. That put us on a very bad deficit trajectory. And then the third thing, and I think perhaps this is the most damning of all of them, is...”
“He just listed a 927page financial disclosure document. It turns out that he was buying Apple computer then waiting a day and then tweeting to other people to buy it which pushed the stock up. He was selling short the markets before his announcement of the tariffs and then he was getting long the markets or buying the...”
“I always thought my parents were going to run out of money. They didn't, you know, I was a reasonably smart kid and I was looking at my dad's salary and his income and the inflation, which has been pernicious pernicious and regressive in a society because, you know, working-class people, the inflation absolutely crushe...”
“I would never qualify myself as a friend of Donald Trump's. If you're qualifying yourself as a friend of Donald Trump's, you're exaggerating the relationship or you lack self-awareness. So, he doesn't have friends. You're a transaction in his field of vision. And if you understand that, that's great. Transact with him...”
“I'm a big investor. I'm expecting a 25% 35% correction at some point. Big deal. Stay in the stuff. It's a lot like Bitcoin. Bitcoin corrected 50%. That's a yawn for me.”
“He's creating a two-rules system where he can pilfer money for himself and his family, but then the nurse that's working at the local hospital, if she's tight on money and has to take some money out of her 401K, she gets hit with a 50 sorry, $50 service charge. Or if she misses a tax payment, they they audit her. You k...”
“Marco Rubio and J.D. Vance will never be president. Okay, and you watch what happens to them cuz they're going to go into the Remember the movie Fargo? They're going to go into the Trump wood chipper before this is over, okay? And if you think they're going to be president, pick up the phone and call Mike Pence and ask...”
The 'Fast Money' traders talk the recent downturn in crypto.
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