Cointime

Download App
iOS & Android

Morgan Creek Capital Management CEO Mark Yusko on Bitcoin ($BTC) and Dogecoin ($DOGE)

In a recent interview, Mark Yusko, the Founder, CEO, and Chief Investment Officer of SEC-registered investment advisor Morgan Creek Capital Management, LLC, shared his thoughts on $BTC and $DOGE.

“But I will argue spring, summer right around the corner, my guess is May-ish, June-ish, nine months before the halving. And that’s the way it goes... It’s hardcoded into Bitcoin that every four years, you’re going to cut the block rewards. If you cut the block rewards, in theory, a whole bunch of miners will go out of business unless the price adjusts. And the price adjustment creates movement... Bitcoin is the most uncorrelated asset I’ve ever seen in my career.“

“The speculative nonsense like Dogecoin, why does it even exist? I mean, my mind hurts. And I said the bear market would be over when DOGE is zero, and I want to stand by that, but I can’t because stupid people are going to be stupid.“

Comments

All Comments

Recommended for you