Picking up from yesterday, here is Scaramucci on bitcoin. He’s bullish:
“Anybody that does the homework … ends up investing into it. Look at Ray Dalio, a bitcoin skeptic, now a bitcoin investor,” Scaramucci said, adding that other big-name investors such as Paul Tudor Jones and Stanley Druckenmiller have also bought bitcoin.
“These are brilliant guys [who] did the homework and drew a conclusion that they needed to own a piece of bitcoin,” he said.
Yet when I clicked that Ray Dalio link, I found a tepid endorsement at best. Dalio prefers gold. (And that was when bitcoin was 10 weeks ago, before bitcoin became 59% more expensive than it is today.)
Could the disgraced former president’s 11-day communications director — a great salesman — have gotten carried away touting bitcoin as he did touting the disgraced former president? (He now hopes Trump won’t run in 2024.)
BONUS
David Brock: I Was Wrong About Donald Trump.
