Scaramucci: BTC could rival gold in 15 years, hit $1.5M

Anthony Scaramucci, founder of U.S. alternative investment firm SkyBridge Capital, said on a recent podcast that Bitcoin could achieve a market capitalization comparable to gold within 15 years. He also stated that Bitcoin is by far the largest holding in his personal portfolio. Scaramucci added that he believes Bitcoin will become the largest blockchain network for financial transactions within that timeframe. At that point, he argued, its market cap could rival that of gold, which is approximately $35 trillion. This would push the price of one BTC to as high as $1.5 million, though he cautioned that this would not happen overnight.