SkyBridge Capital founder Anthony Scaramucci slammed on Sunday an anti-cryptocurrency op-ed by Biden-era economic advisors, arguing it plays into Republican hands.
Scaramucci Criticizes ‘Clueless Democrats’
Scaramucci shared a newspaper clipping from a New York Times opinion piece by former Biden Council of Economic Advisors Chair Jared Bernstein and Ryan Cummings, a former staff economist at the council.
The piece criticized the Trump administration’s support for the industry, labelling cryptocurrencies as “useless” and that its ongoing slump validated the authors’ long-held skepticism.
“The two Democrats are clueless when it comes to crypto,” Scaramucci said. “They will keep the Republicans in power if they don’t learn about and embrace this technology.”