RATE Group | Morgan Creek CEO Bullish on Ethereum’s Future
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Morgan Creek CEO Bullish on Ethereum’s Future

13 Sep Morgan Creek CEO Bullish on Ethereum’s Future

Posted at 08:00h in Ethereum News by

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During a discussion on September 7th with Yahoo Finance’s Dan Roberts, Dion Rabouin and Rick Newman, the CEO of investment firm Morgan Creek Capital Management, Mark W. Yusko, voiced his optimistic opinion regarding the future relevance of Ethereum.

When debating the topic of Ether’s dramatic market drop, fraudulent ICOs and the recent cashing out of Ether by legitimate ERC-20 token projects, Yusko nonetheless argued that Ethereum has a bright future ahead of it.

The Morgan Creek CEO elaborated on his views by likening the current situation to the early days of the internet:

People might say its six years from now well, It’s like 1993 or 1994 internet when Google was just being thought off, and nobody thought it was important,

According to Yusko, the next step for Ethereum is to build the TrustNet and that it is already designed to do so. He went further, arguing that Ethereum’s protocol, in regard to building the TrustNet, is much the…

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