Cathie Wood and Anthony Scaramucci discussed institutional investment in digital assets, brushed off bitcoin’s ESG woes, and warned investors about excessive leverage in a recent interview. Here are the 10 best quotes.

  • Date: 02-Jun-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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Cathie Wood and Anthony Scaramucci discussed institutional investment in digital assets, brushed off bitcoin’s ESG woes, and warned investors about excessive leverage in a recent interview. Here are the 10 best quotes.

Crypto bulls Cathie Wood of Ark Invest and Anthony Scaramucci of Skybridge Capital sat down for an interview last week with . The pair praised digital assets, brushed off recent environmental concerns, and talked about their start in the crypto space during the conversation. They also warned cryptocurrency investors to be careful with excessive leverage, with Scaramucci calling the practice a "knife in the steering wheel of your sports car." 1. "When I came out of the White House and got blown into Pennsylvania avenue, the first thing I did was buy the URL skyrbridgebitcoin.com. Why? It became very clear to me in my short stay in Washington that we would eventually be digitizing US currency“¦but I have to confess I was still very cautious. So I had a checklist, and there were three things on the list. Number one: were there at least a hundred million users“¦number two: what was the US regulatory landscape“¦was it going to be accepted clearly here“¦third thing was the storage“¦can I store it safely“¦where there are layers of insurance." 2. "We're embracing the volatility. Remember, volatility may not be a measurement of risk if you understand fundamentally what you own. You can use the