16 Nov Morgan Creek Capital CEO advises to “sell your Amazon shares and buy Bitcoin”
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- Bitcoin is a new innovative technology that is creating opportunities to gain wealth, claims CEO Mark Yusko.
- Yusko believes that once proper scaling technology is ready, Bitcoin’s price will skyrocket.
CEO of Morgan Creek Capital Mark Yusko recently attended the Digital Asset Summit. Speaking at the summit, he advised the audience to “sell your Amazon shares and buy Bitcoin.” According to Yusko, Bitcoin is the new innovative technology that is creating several opportunities to gain wealth. On the blockchain, he said:
The genie is not going back into the bottle. It’s coming. The great news about that is it’s going to create the greatest wealth in the history of mankind.
Back in 1996, Morgan Creek Capital invested $5 million in Sequoia, which used some of that money to invest in Google. He stated that Google was the sixteenth-most used search engine at the time. Back then, nobody knew it had better technology as they had no idea about the…
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