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.