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.)


David Brock:  I Was Wrong About Donald Trump.



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