567: BITCOIN CAN TRADE FOR $250K SAYS MORGAN CREEK CAPITAL CEO - HERE’S WHEN!! ETHEREUM BREAKS $4K ATH!!
Manage episode 292142767 series 2835096
Morgan Creek Capital Management founder and CEO believes the next BTC market cycle could see the asset rival gold by market capitalization and trading for more than $200,000 per Bitcoin.
While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook, Apple, Amazon, Netflix, and Google.
“This is a network and networks grow in an exponential way. This is the fastest network in history to a trillion dollars of value, right on the heels of the FAANGs that took, you know, 15 to 20 years depending on which one you look at.”
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