Scott Bessent’s ‘World Is Awash in Debt’ Remark at G20 Is a Bitcoin Pitch, Says Anthony Scaramucci: 'The Best BTC Ad'

SkyBridge Capital founder Anthony Scaramucci on Thursday called Treasury Secretary Scott Bessent’s debt warning an inadvertent endorsement of Bitcoin .Bessent Unintentionally Pitched BTC?Scaramucci pointed to Bessent’s remark at the recently concluded G20 Finance Ministers’ meeting that the “world is awash in debt.”Bessent added that debt distress can keep companies from “investing in their people and their futures.”“Bitcoin’s entire pitch is that sentence. Twenty finance ministers just delivered the best Bitcoin ad of the year, and none of them meant to,” said the former White House Communications Director.Bessent stood in front of the G20 and said the world is awash in debt. Bitcoin’s entire pitch is that sentence. Twenty finance ministers just delivered the best Bitcoin ad of the year and none of them meant to.Concerning Macro DevelopmentsThe national debt has , while the deficit has swelled to $1.79 trillion as of this writing, projected to exceed $2 trillion in fiscal 2026.Scaramucci warned last month that, describing deficit spending as an "unfunded tax liability" that would trigger inflation and borrowing costs.Notably, Federal Reserve Chairman Kevin Warsh said l, and that the central bank’s focus has shifted from jobs to prices. Read Also: Scaramucci’s Bullish ThesisThe financier framed Bitcoin and gold as "part of the answer" to a monetary system under strain from fiscal pressures and eroding purchasing power, which is why he remains bullish on both assets.Scaramucci has maintained his long-term bullish stance on Bitcoin, adding he would allocate roughly 30% of a new portfolio to Bitcoin, alongside AI, U.S. equities, real estate and gold.He previously deemed the current cycle shallower than previous ones, predicting a rally late in the fourth quarter of 2026 into early 2027.Price Action: At the time of writing, BTC was exchanging hands at $80,783, up 3.92% in the last 24 hours, according to data from Benzinga Pro. Read Also: Remember How Bitcoin Was Supposed to Rise With Money Supply? Here's Why That Didn't Happen Photo Courtesy: Al Teich on Shutterstock.com