**Bitcoin 2024 Conference Highlights: Scaramucci's Bold Prediction**

Day 2 of the Bitcoin 2024 conference in Nashville saw Anthony Scaramucci, founder of SkyBridge Capital, make a striking prediction: Bitcoin will surpass the market capitalization of gold within the next decade. Scaramucci argued that Bitcoin, as an asset class, should not be compared to companies like Nvidia or Apple but rather to gold, which currently has a market cap of $15-$16 trillion.

**Pension Funds Eye Bitcoin**

Scaramucci also highlighted the increasing adoption of Bitcoin by state and municipal pension funds. Wisconsin's state pension fund and Jersey City's municipal pension fund are notable examples. In May 2024, Wisconsin's State Investment Board reported holding $164 million in Bitcoin-related assets.

**Global Interest**

Japan’s Government Pension Investment Fund, the largest in the world, is also exploring Bitcoin investments, citing economic changes and technological advancements as key drivers.

**Corporate Adoption**

Corporations are not far behind. DeFi Technologies announced the purchase of 110 Bitcoin in June 2024, boosting its stock price. This move reflects a broader trend of companies using Bitcoin to hedge against inflation and monetary debasement.