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Hedge fund manager Scaramucci says the GameStop saga is 'more proof' that bitcoin will work


Bitcoin.
The activity in GameStop is more proof of concept that Bitcoin is going to work, he told Bloomberg.
Scaramucci s SkyBridge has exposure to Bitcoin of about $385 million.
The
SkyBridge Capital cofounder Anthony Scaramucci argues that retail traders victory against short-sellers in the GameStop battle is a positive for Bitcoin.
Scaramucci told Bloomberg in an interview that the impact of small retail trading groups showed the power of decentralized finance - the very concept that underpins Bitcoin.
Money management, once perceived as limited to a concentrated group of highly paid advisors, is being democratized through smartphones and low-cost online trading, Scaramucci said. ....

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