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Scaramucci Says Buying Bitcoin Now Is Like Getting Manhattan Island for Pennies in 1626

  • Anthony Scaramucci of SkyBridge Capital likens buying Bitcoin now to the historic purchase of Manhattan in 1626 by Peter Minuit.
  • Scaramucci views investing in Bitcoin as an adventure with risks but potential rewards for early adopters, highlighting volatility as part of the journey.
  • He emphasizes that Bitcoin, priced at around $111,000, is undervalued and compares it to the cheap acquisition of Manhattan centuries ago.
  • Scaramucci sees Bitcoin as still in its early stages, akin to Manhattan in 1690, with significant growth potential, forecasting a price target of $200,000 this year.

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