Scaramucci, co-founder of SkyBridge Capital, stated in an interview with CNBC on Thursday that Bitcoin has many characteristics that make it a commodity, such as tradability and scarcity.

He added that Bitcoin can be a good investment for investors who understand its risks and benefits. Scaramucci also pointed out that Bitcoin is not just a digital currency but also an investment tool that attracts the interest of investors and institutions.

This comes amid the spread of digital technology and economic and political changes around the world.