Skybridge Capital founder: Trump's tax cuts and business-friendly regulation initially seemed beneficial, but the current agenda threatens the dollar

Bitget App

Trade smarter

Cointime2024/07/18 02:01

By:Cointime

Anthony Scaramucci, founder and CEO of Skybridge Capital, criticized billionaires who support former US President and presidential candidate Donald Trump based on his own experience. Scaramucci believes that while tax cuts and business-friendly regulations may have seemed beneficial at first, the current agenda threatens the dollar, the constitution, the judiciary, and the international order, comparing it to anarchic Christian populism close to fascism. He warned that a depreciation of the dollar could destabilize the global capitalist system and emphasized the danger of current deficit spending. He called for cautious action and responsible reform, without overemphasizing systems that benefit many people.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which accused him of manipulating the price of DOGE during its 2021 surge from less than $0.10 to around $0.70.JPMorgan analysts anticipate positive regulatory changes for crypto under President-elect Donald Trump, with clearer frameworks likely to benefit the industry.President-elect Donald Trump nominated bitcoin advocate Robert F. Kennedy Jr. for U.S. Secretary of Health and Human Services on Thursday.The following article is

The Block•2024/11/15 20:23

Matrixport Included Developments That Will Affect Bitcoin in December in Its Weekly Report! Here Are the Details

Matrixport's latest weekly report highlights a number of positive factors that have underpinned Bitcoin's recent strong performance.

Bitcoinsistemi•2024/11/15 20:00

Trump's Inflow Wave Has Ended! Spot Bitcoin and Ethereum ETFs Experience First Outflows Since Election!

It ended a wave of inflows and outflows in spot Bitcoin and Ethereum ETFs that has been ongoing since Donald Trump was elected president on November 5.

Bitcoinsistemi•2024/11/15 19:55