Dimon and Scaramucci Clash Over Bitcoin's Future
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Jamie Dimon said he is cautious about economic factors like quantitative tightening, fiscal deficits, and geopolitics that could negatively impact markets over time.
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Anthony Scaramucci said Dimon should "do more homework" on Bitcoin, noting that others who have studied it like Paul Tudor Jones have come around to support it.
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Scaramucci said Bitcoin's upcoming halving on April 20th could boost its price from $57,000 now to $200,000 in 18 months.
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He argued Bitcoin has properties similar to gold and could reach half its $16 trillion market cap someday.
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Dimon has been critical of Bitcoin, saying it should be shut down and has no value, while Scaramucci strongly disagrees.