Anthony Scaramucci, a hedge fund investor, believes that anyone who studies should be able to make a living. bitcoinYou will understand cryptocurrency and be convinced by its potential.

“Do the homework on bitcoin, understand what it is,” the founder and managing partner of SkyBridge Capital told CNBC’s “Capital Connection” Monday. He recommended reading, along with other materials, the whitepaper by Bitcoin’s creator.

“Anybody that does the homework … ends up investing into it. Ray Dalio. a bitcoin skeptic, now a bitcoin investorHe said that bitcoin was also being purchased by other large-name investors like Stanley Druckenmiller and Paul Tudor Jones.

These are great guys [who]They did all the research and concluded that they had to have a bitcoin piece.” he stated.

The shares of Digital World Acquisition Corp., which plans to merge with the Trump Media & Technology Group, soared last week

Scaramucci indicated that he would not be a long-term stockholder in that stock, and that he’d avoid being short it. There might be something in the stock that could be used as a trap. Then again, you never know when they will be using it for another purpose.

The hype surrounding Trump’s SPAC is, he said, “based solely on the fact it’s”.

Scaramucci said last week that CNBC had reported Scaramucci. he hopes the SPAC does well

I want it to rise like 10 more times. He stated that the more it rises, the lower Donald Trump will be running for presidency in 2024. Therefore, he wished for a strong SPAC. Scaramucci worked as White House communications director. a mere 10 days in July 2017During Trump’s presidency.

— CNBC’s Jade Scipioni, Ryan Browne, Hannah Miao, Yun Li and Kevin Stankiewicz contributed to this report.