Anthony Scaramucci

speaker

636 appearances 1 recordings 1 series first heard Jun 2026 last heard 29 Jun

Anthony Scaramucci’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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And this has all of that.

And it has one extra layer.

And that is it has the absence of a third party.

And so we don't like each other typically as human beings and we don't trust each other.

So we've always gotten our money from a third party.

That would be our government.

And we've always transacted with third party verification.

So if I'm going to buy your house, you wait for my funds to get transferred into your third party corresponding bank before you hand me the deed.

But over the blockchain, because of the nodal system and the confirmation process, we can have a peer-to-peer permissionless transfer.

And so that is a great expedition.

It's a huge cost savings.

We mentioned my restaurant, so let's go there for a second.

We could go to my restaurant.

If we have stable coins, which are US dollars represented on the blockchain, we can pay the bill at the restaurant by taking the

the stable coins out of my wallet and moving them to the restaurant's wallet.

We eliminate that third party known as the credit card company.

We'd save 3.5% of the fees.

On a restaurant like mine that has 15% margins, a 3.5% fee is like a 30% uptake, 28% uptake in the gross margin.

you have trillions of dollars of expenses related to third party verification of our transactions.

And I guess if you go to ChatGPT or Claude, the estimate is about four trillion US dollars.

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