Founder of SkyBridge Capital: The Federal Reserve system is facing collapse, and the market value of Bitcoin may reach US$15 trillion

Odaily Planet Daily News Anthony Scaramucci, founder of Skybridge Capital, said in a recent interview that although the Federal Reserve seems to be performing well, in fact the system it relies on to operate has fundamentally collapsed. He cited concerns about the devaluation of the fiat currency and said the U.S. government was spending more than it was taking in. He explained that this situation is dangerous because the borrowed money must be repaid with more dollars, which could lead to a severe economic recession. Therefore, he concluded that the Fed would eventually find itself in trouble due to a system breakdown. Scaramucci proposes an immutable asset with defined scarcity as an alternative, something that no other asset has but Bitcoin, which he believes is evolving into a more valuable store of value than gold. It is worth mentioning that he predicted that Bitcoin’s market value would reach $15 trillion in the event of a collapse of the U.S. financial system. (Coin Edition)