Why Bitcoin? With Mark Yusko of Morgan Creek Capital
What is Crypto w/ Michael Nye - A podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate
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Sign up for our newsletter at http://www.Evolvement.io. Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. Episode Four features Mark Yusko of Morgan Creek Capital. Mark is one of the most intelligent people on the subjects of economics that I have been honored to speak with and his opinion on Bitcoin is profound. In this podcast, he shares a bit about why bitcoin is important and the role that tokenization will play in the future of our economic systems. We talk a bit about how we got in the financial and economic situations that we are currently in and how Bitcoin and cryptocurrency has the potential to change the way we interact with the financial world. We also talk about how blockchain technology is important to the systems of multiple different industries. One of my favorite parts of this episode is when we discuss what the future of our economic world will look like. We talk a bit about the vision Mark sees for the financial systems of the future and how digital cryptocurrencies like Bitcoin will play a roll in these systems. Learn more about Morgan Creek Capital at https://morgancreekcap.com. Timestamps: 02:02 - Why bitcoin, what is so important about bitcoin? 06:07 - Prediction for 2024, will we be using blockchain in our everyday life? 10:15 - Will we be using bitcoin in 2024 or was bitcoin myspace of this technology? 15:16 - Is bitcoin to store value, is it a currency or is it something that we did not even discover yet? 22:16 - Can it be a store value if it is fluctuating so much in 12 months? 28:48 - How did you go from being a skeptical to believing in cryptocurrency? 36:55 - What is your opinion on other crypto currencies besides bitcoin? 45:15 - Do people understand large scale impact of security tokens? 48:44 - If we do have another crisis how will that impact crypto? 56:42 - How will the future financial system look like? 01:05:10 - Lack of education on money and finances in our educational system? 01:09:20 - Where can people find out more about you Mark? Learn more about Mark at MorganCreekCap.com