Anthony Scaramucci said mounting U.S. borrowing needs and inflation risks support owning Bitcoin rather than gold, aligning with Peter Schiff on the fiscal problem but not on the preferred safe-haven asset. Posting on X on August 11, 2026, the SkyBridge Capital founder said Schiff overstated annualized government borrowing by using a three-month figure of $800 billion to imply $3.2 trillion, arguing that about $300 billion went into the Treasury's cash account and that the real financing need is closer to $2.5 trillion, which he called enormous outside a recession. Scaramucci pointed to a national debt of $39.89 trillion, a deficit of $1.366 trillion, and a debt-to-GDP ratio that has risen from about 31% in 1980 to roughly 120% today. He agreed with Schiff's warning that inflation may be the only path out of the debt burden, but said the charts support buying Bitcoin instead of gold. The debate reflects two different inflation-hedge narratives: Schiff continues to favor gold, while Scaramucci describes Bitcoin as a scarce asset and part of the answer in an evolving monetary system. The source also notes that gold has outperformed Bitcoin over both one-year and five-year periods. In 2026, however, gold has been a relatively weak performer despite the Iran conflict and heightened geopolitical tensions. Bitcoin was trading at $63,679.67, down 0.48% over the past 24 hours.