RATE Group | Bitcoin Is Vital to Have for Financial Institutions: Morgan Creek Capital CEO
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Bitcoin Is Vital to Have for Financial Institutions: Morgan Creek Capital CEO

04 Oct Bitcoin Is Vital to Have for Financial Institutions: Morgan Creek Capital CEO

Posted at 13:39h in Bitcoin News by

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Contents

  • Yusko supports Pompliano on Bitcoin and pension funds
  • Bitcoin to hit $16,000 in October 2019

High-end crypto investors keep promoting Bitcoin, promising high returns in the future, often mentioning that it cannot be manipulated or printed extra unlike fiat money during the recent Fed Reserve QE moves.

The head of Morgan Creek Capital fund, Mark Yusko, believes that Bitcoin is an absolute must for institutional investors to acquire. They have to is to ‘get off zero allocation to crypto and Bitcoin in particular’, as per him.

 

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Yusko supports Pompliano on Bitcoin and pension funds

Yusko tweet came as a response to an earlier statement of Anthony Pompliano from Morgan Creek Digital, in which ‘Pomp’ stated that US pension funds will be unable to conduct pension…

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