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- Morgan Creek CEO Mark Yusko predicts a $250,000 price target for Bitcoin in 4 to 5 years.
- Yusko believes Bitcoin is the base layer protocol of the internet of value and will not go away.
- He thinks Dogecoin and many other altcoins are useless and will eventually disappear.
Mark Yusko, founder and CEO of Morgan Creek Capital Management, revealed that he sees Bitcoin trading at $250,000 in 4 to 5 years. He believes Bitcoin is much more than just a store of value – it’s a “technological evolution of computing power” that will not go away anytime soon.
The hedge fund manager compared the expeditious adoption of bitcoin to the success of FAANG companies (Facebook, Apple, Amazon, Netflix, and Google) that turned into m