E118: Anthony Scaramucci: Bitcoin was the Greatest Scam in the world (now it's 70% of my net worth)
Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, reveals his transformation from Bitcoin skeptic to having over 70% of his net worth in digital assets.In this conversation, Scaramucci shares his journey from financial anxiety in a blue-collar family to Wall Street success, including the pivotal $10,000 check from his father that changed his life's trajectory. He delves into the psychological aspects of wealth, explaining why even billionaires remain perpetually anxious and how to overcome the "paradox of wealth" that often leads to isolation.In this episode, we talk about:• How childhood financial anxiety shaped Scaramucci's drive• The paradox of wealth and why money often leads to isolation• Transitioning from Bitcoin skeptic to having 70% of his net worth in it• Why celebrating others' success is the key to happiness• The case for tokenizing markets beyond Bitcoin• Why America needs a strategic Bitcoin reserve& much more!__________________________________PARTNERS💳 Trezor is the safest cold storage wallets for crypto security and financial independence.Buy your Trezor Wallet (use PROMO Code from the video for a 10% discount): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana.https://jup.ag/🌱 Bitwise Asset Management is the crypto specialist asset manager with more than $10 billion client assets and more than 30 crypto solutions across ETFs, index funds, alpha strategies, staking, and more.https://bitwiseinvestments.com/💧Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible.https://sui.io/🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration.https://www.mantle.xyz__________________________________FOLLOW ANTHONY SCARAMUCCI• Twitter: https://x.com/Scaramucci• Instagram: https://www.instagram.com/scaramucci• LinkedIn: https://www.linkedin.com/in/anscaramucci/FOLLOW KEVIN & WHEN SHIFT HAPPENS👇Twitter (X): https://x.com/KevinWSHPod Instagram: https://www.instagram.com/kevinwshpod/ TikTok: https://www.tiktok.com/@kevinfollonier_Linkedin: https://www.linkedin.com/in/kevinfollonier/__________________________________DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.#Entrepreneurship #Crypto #newslive __________________________________0:00 Trailer1:44 Please Subscribe2:10 Partnerships2:55 Reality of Podcasting6:57 Importance of Life Balance8:53 My Biggest Mistake in Business11:50 Self Custody with Trezor12:44 Forward Thinking Over Past Pain15:14 Who is Anthony Scaramucci?16:05 Sonder and Ego Death18:15 From Childhood Trauma to Success21:47 Chosen Path, Fueled by Sacrifice26:25 Transcending Ego and Comparison31:24 Destiny: What You Can’t Control34:13 Paradox of Wealth and Isolation38:28 Bitcoin & Crypto World Fascination45:04 Bitcoin: The Digital Gold Debate49:35 Buy When the Market Crashes54:57 Books That Shaped Bitcoin Belief56:28 The Case for Tokenizing the Market1:01:43 Why the U.S. Should Hold Bitcoin1:04:36 The Importance of Gratitude in Life1:07:39 Dangers of Person-Centered Advice1:09:23 Getting Comfortable with Death1:12:30 Concluding Remarks
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