Bitcoin doesn't need to become a widely-used form of payment to succeed and could prosper solely as a store of value, SkyBridge Capital founder Anthony Scaramucci said on Wednesday.
"It could just be a store of value, and then you end up transferring your bitcoin into the various currencies that you want to transact in," said the former White House communications director. "I don't believe that Jesus and Moses got together and had a baby, and the baby was bitcoin - that's not me. I see the risks of bitcoin, it is a volatile asset," he said.The Trump administration had a"broad-based, negative" view on bitcoin due to its theoretical threat to the dollar's status as de facto global reserve currency, Scaramucci said.
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