Written by :
Published on :
Mark Yusko, CEO of Morgan Creek Capital, has bet $1 million the Bitcoin will outperform the S&P 500 for the rest of the year and beyond.
 *6 weeks free trial - test drive - best in the biz *Deposit with Bitcoin - They'll double it! *Get your own domain, customized website, logo *Switch in under an hour, earn mrore $$ for doing so *Odds featured on DonBest.com *Thousands of betting options daily + live in-play *Easy and discreet payment options include gift cards *Walmart gift cards also accepted Start Earning Money From Your Sheet Here |
“I was lucky. I happened to be on Melissa’s afternoon show back in December, the week Bitcoin was at $3,150 and she said, ‘What do you think’? I said look, we’ve issued the Morgan Creek Digital crypto challenge. We will take Bitcoin over the next 10 years starting on January 1st, and we’ll take anybody who wants to take the other side – a million dollar charity bet. Just like the Buffett-style bet. We’ve got no takers,” he told CNBC’s Fast Money.
Bitcoin has grown by over 100% in this year alone while the S&P is only up 14 percent.
“I think going forward from here, even over the next 10 years, it’s not going to be close. Bitcoin is a great diversifying asset. It has very low correlation. It should be on everybody’s portfolio,” added Yusko.
- Aaron Goldstein, Gambling911.com
