"The Coming Regulation For Crypto Will Be Punishing..." (Mark Yusko)

"The Coming Regulation For Crypto Will Be Punishing..." (Mark Yusko)

We discovered with great interest on December 5, 2022 on Only The SAVVY's Youtube channel a new video that might interest you.

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For your information, you can find below the description of the video "The Coming Regulation For Crypto Will Be Punishing..." (Mark Yusko) published by the Youtube channel Only The SAVVY:

In an interview with Stansberry Research, investor Mark Yusko doubled down on his belief in Bitcoin. The flagship cryptocurrency has been under assault as of late, with the mainstream media questioning its staying power, and the European Central Bank Director General Ulrich Bindseil and analyst Jürgen Schaff stating that Bitcoin “signals a breather on the way to new heights." “More likely, however, it is an artificially induced last gasp before the road to irrelevance — and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000.” Yusko’s belief is far from seeing Bitcoin as irrelevant, as the chief investment officer and managing director of Morgan Creek Capital Management stated that he still believes Bitcoin will top $250,000 and the recent collapse from $69,000 is not so much a collapse in the Bitcoin network, but the misconstrued belief of the value of fiat currency. In Mark’s view, 1 Bitcoin is 1 Bitcoin and 1 ounce of gold is 1 ounce of gold, it’s the fiat currency that is being manipulated, which makes it all the more reason to be bullish on Bitcoin for the future.

Mark W. Yusko is an American investor and hedge fund manager. He is the founder, chief investment officer and managing director of Morgan Creek Capital Management, an investment management firm that advises pension funds, endowments and wealthy individuals. From 1993 to 1998, he was a Senior Investment Director at the University of Notre Dame Investment Office. Yusko left Notre Dame in 1998 to head the endowment office at the University of North Carolina at Chapel Hill. From 1998 to 2004, Yusko was founder and chief executive of the UNC Management Company. Yusko left UNC to found Morgan Creek Capital Management in 2004. Yusko is a frequent commentator on the alternative investment industry and has appeared on CNBC, Bloomberg TV, Fox Business, and other major networks as well as in newspapers including the New York Times and Wall Street Journal. He is a proponent of the Endowment Model of investing, which favors diversified strategies by asset class and within each asset class in both public and private markets.
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"The Coming Regulation For Crypto Will Be Punishing..." (Mark Yusko)