Anthony Scaramucci

Founder, SkyBridge Capital

Anthony Scaramucci & Vlad Debate Crypto vs Stocks (Part 5)

📅 Oct 31, 2026 djvlad 11 MIN 21674 VIEWS 21 SEGMENTS · 2 SPEAKERS

Become a VladStocks Member now: https://www.youtube.com/vladtv/join Part 4: • Anthony Scaramucci Regrets Letting FTX Sca... Part 1: • Anthony Scaramucci on How He Made His Firs... -------- Anthony Scaramucci sits down with Vlad for a sharp discussion on portfolio strategy, Bitcoin adoption, and the case for crypto alongside traditional equities. The SkyBridge founder reveals that crypto now represents about 60% of the firm’s assets, while Vlad explains why he keeps less than 1% in digital assets and favors cash-flowing businesses like Google stock. The conversation explores Bitco...

What Anthony Scaramucci said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Anthony Scaramucci, founder of SkyBridge Capital, said about 60% of his firm's managed assets are in crypto, driven by appreciation rather than new allocations. He pushed back on Vlad's claim that crypto's main use is hiding illegal money, citing a white paper by former CIA Deputy Director Mike Morell showing blockchain transparency helps the FBI catch criminals. Scaramucci acknowledged fraud exists in crypto but argued the US dollar is also used for fraud. He said he owns Bitcoin, Solana, and Ethereum, and called Bitcoin 'digital gold.' He described buying Bitcoin at $6,000 when there were about 50 million wallets, versus over 450 million now, and said it has gone from $6,000 to $81,000 over seven years. He predicted Bitcoin could reach 1.3 billion wallets and a $12 trillion market cap, half of gold's, making an $81,000 coin worth $800,000. He also said he lends Bitcoin for 4-5% yield and owns Nvidia, SpaceX, and Anthropic.

Key takeaways

SkyBridge's managed assets are about 60% crypto, mostly due to appreciation of Bitcoin holdings.
Scaramucci predicts Bitcoin will reach 1.3 billion wallets and a $12 trillion market cap, a 10x from current levels.
He said Bitcoin has gone from $6,000 to $81,000 over seven years, with wallets growing from 50 million to over 450 million.
He lends out Bitcoin on exchanges for a 4% to 5% yield while holding it as a core asset.
He owns Nvidia, SpaceX, and Anthropic privately, and is anticipating Anthropic's IPO.

Numbers and commitments

Figure	What it refers to	Type	At
60%	Share of SkyBridge's managed assets in crypto	metric	0:19
6,000	Bitcoin price when he first bought it	price	3:38
50 million	Bitcoin wallets at time of his purchase	metric	3:38
450 million	Current number of Bitcoin wallets	metric	3:38
81,000	Current Bitcoin price	price	3:38
4% or 5%	Yield from lending Bitcoin on exchanges	metric	8:28
24 to 26 trillion	Gold's market cap	metric	8:28
1.3 trillion	Bitcoin's current market cap	metric	8:28
1.3 billion	Predicted future Bitcoin wallets	commitment	8:28
12-trillion-dollar	Predicted Bitcoin market cap	commitment	8:28

Chapters

0:00SkyBridge's crypto allocation
0:30Crypto's killer app debate
1:49Fraud and money laundering in crypto
6:58Bitcoin as digital gold
7:33Bitcoin vs stocks investment case
8:28Bitcoin price prediction and yield

Questions asked in this interview

0:30And I guess from my point of view, the one thing that I'm missing when it comes to really being fully on board with crypto is I have yet to see what I call the killer app when it comes to a new technology. Right?
1:20With Bitcoin and crypto in general, the one thing that I've seen that it does better than anyone else is hide illegal money. Right?
1:57So, for example, my mom just got scammed. Right?
2:58You're getting a great deal, but I'm getting $50 in cash for something I otherwise couldn't have got that Bitcoin into cash. Right?
7:33What is your take on that?

Vlad 0:05 ↗

Well, your company SkyBridge, like you mentioned earlier, you guys pivoted into crypto.

Anthony Scaramucci 0:12 ↗

Yes. Mhm.

Vlad 0:13 ↗

So, what percentage of your total assets that you manage are crypto versus...

Anthony Scaramucci 0:19 ↗

It's a good question. Yeah, about 60%.

Vlad 0:22 ↗

60%? That's pretty high. Like my portfolio, I own less than 1% of crypto.

Anthony Scaramucci 0:28 ↗

Yeah.

Vlad 0:30 ↗

Right? Just because I've always been kind of unsure about it. You know, Bitcoin has been around. I've seen it go up and down. You've seen all the different cryptocurrencies. You've seen these major crashes. And I guess from my point of view, the one thing that I'm missing when it comes to really being fully on board with crypto is I have yet to see what I call the killer app when it comes to a new technology. Right? Every new technology has to have something about it that totally transforms how people operate. So, for example, personal computers were around for years and nobody gave a damn until the spreadsheet came out. And then suddenly, you had this huge industry of accountants that could do 100 hours of work in 30 seconds.

Anthony Scaramucci 1:19 ↗

Right.

Vlad 1:20 ↗

So, everyone just rushed to buy personal computers and buy the spreadsheet, right? Word processors came out and suddenly, people that used to use typewriters can now go on a computer and edit things way faster. With Bitcoin and crypto in general, the one thing that I've seen that it does better than anyone else is hide illegal money. Right? Hiding illegal money, scamming people, crypto's great for that. Much better than cash, much better than...

Anthony Scaramucci 1:49 ↗

Well, I mean, it's your show and you're asking the questions, but how do you hide the money in crypto?

10 more exchanges in this transcript

Cite this transcript

APA, MLA, BibTeX

APA

Scaramucci, A. (2026, October 31). Anthony Scaramucci & Vlad Debate Crypto vs Stocks (Part 5) [Interview transcript]. djvlad. CEOInterviews.AI. https://ceointerviews.ai/interview/3175275/

MLA

Anthony Scaramucci. "Anthony Scaramucci & Vlad Debate Crypto vs Stocks (Part 5)." djvlad, 31 Oct. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3175275/.

BibTeX

@misc{scaramucci2026_3175275,
  author       = {Anthony Scaramucci},
  title        = {Anthony Scaramucci \& Vlad Debate Crypto vs Stocks (Part 5)},
  howpublished = {Interview transcript, djvlad. CEOInterviews.AI},
  year         = {2026},
  month        = {oct},
  url          = {https://ceointerviews.ai/interview/3175275/},
  note         = {Speaker-attributed transcript with timestamps}
}

▶

Key Quotes (2)

“I own Bitcoin, and I own Solana and Ethereum, and these are the top-tier coins. And in the case of Bitcoin, I hold that in my portfolio, and I hold that in my portfolio on behalf of my clients. And I think Bitcoin will emerge over time as a store of value. When I bought Bitcoin at 6,000, it was maybe 50 million wallets were associated with the token at that time. There's over 450 million wallets. ”

▶ 4:58 POLICY

“I'm a disciple of Munger and Buffett, and I understand their personalities and their points of view, and I accept what you're saying. I think in the case of Bitcoin, it's a much more unique because, you know, Bitcoin, I can lend out my Bitcoin on exchanges and get a 4% 5% return on my Bitcoin. So, Bitcoin does provide a yield, and it's also, you know, I'm making an adoption bet on Bitcoin. You men”

▶ 8:28 CONTROVERSIAL POLICY

Mentioned in this interview

Mike Morell: Former CIA Deputy Director whose white paper shows blockchain transparency helps catch criminals.

Solana None-Solana: One of the top-tier coins Scaramucci owns.

Ethereum None-Ethereum: One of the top-tier coins Scaramucci owns.

Nvidia NVDA: Stock Scaramucci owns as part of his portfolio.

SpaceX: Stock Scaramucci owns as part of his portfolio.

Anthropic None-Anthropic: Private investment Scaramucci owns, anticipating its IPO.

Google: Stock Vlad owns, which Scaramucci praised as a long-term hold.

Kimberly-Clark KMB: Consumer product company Scaramucci mentioned as a good long-term bet.

Earlier, on the same topics

“But if you don't get the Clarity Act legislation passed, you're not going to get the banks to really open up. Sure, Bank of New York has an experimental program. I think SoFi now has an experimental program and there's probably others where you can store or hold your Bitcoin in custody in those plac”

Apr 22, 2026 at 3:33 →

“The US dollar is made out of uh you can Google it. It's made out of linen and it's made out of cotton. And if I pull it out right now, it's basically worthless. It's just a piece of cloth. But if I give it to the matra or I give it to the valet, the guy's very happy. We accept certain things because”

May 13, 2026 at 17:25 →

“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 inflati”

Jul 03, 2026 at 29:30 →

“The extreme fear indicates a long-term buying opportunity. So, I will stipulate Bitcoin 17 years old. I think it's continuing to be adopted. There's over 250 million wallets in use. I see it as a store of value. It's imperfect, but if you're betting against Bitcoin, I think you're going to lose long”

Oct 08, 2026 at 4:19 →

Every Anthony Scaramucci interview →

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About Anthony Scaramucci

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, has been active in media appearances and events promoting his book "All the Wrong Moves," which he has described as an analysis of three catastrophic decisions he argues led to the rise of Donald Trump. In interviews, he has discussed his firm's shift toward cryptocurrency, stating that crypto now represents about 60% of SkyBridge's assets. He has expressed the view that Bitcoin should be trading around $200,000 given inflation and deficit spending, while it hovers near $75,000–$80,000. He has also spoken about his firm's focus on tokenization, comparing the current stage of blockchain development to the late 1990s internet era. Scaramucci has been a frequent critic of Trump and the MAGA movement in appearances ahead of the 2026 midterm elections. He predicted Republicans would face significant losses, citing factors such as tariffs, an unauthorized war, and corruption allegations. He described the tariffs as illegal and said the war added roughly $2,400 per household in energy costs, figures he presented as his own estimates. Following the election, in which Democrats won control of both houses of Congress, Scaramucci discussed the results on multiple podcasts and said he was pleased with the outcome, while also cautioning that Democrats should pursue moderate policies. He has also commented on regulation, saying the failure of the Clarity Act was a setback for the crypto industry but expressing confidence in SEC Chairman Paul Atkins.

All Anthony Scaramucci appearances → djvlad on YouTube →