{"id":227712,"date":"2019-05-24T16:34:22","date_gmt":"2019-05-24T20:34:22","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=227712"},"modified":"2019-05-24T16:34:22","modified_gmt":"2019-05-24T20:34:22","slug":"morgan-creek-capital-ceo-believes-that-everybody-should-invest-in-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/morgan-creek-capital-ceo-believes-that-everybody-should-invest-in-bitcoin","title":{"rendered":"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin"},"content":{"rendered":"<p>Speaking to CNBC, the CEO of Morgan Creek Capital Mark Yusko said that Bitcoin &#8220;should be in everybody&#8217;s portfolio.&#8221;<\/p>\n<h3>A truly disruptive technology<\/h3>\n<p>Additionally, Yusko believes that people investing in Bitcoin will outnumber even those traditionally investing in the S&amp;P 500 investment fund over the next decade, <a href=\"https:\/\/cryptodaily.co.uk\/2019\/05\/ceo-morgan-creek-bitcoin-should-be-in-portfolio\">reports CryptoDaily<\/a>.<\/p>\n<p>The exact quote is &#8220;Bitcoin is a great diversifying asset. It has very low correlation. It should be in everybody\u2019s portfolio\u201d. Of course, he means that it should be in everybody&#8217;s portfolio\u00a0<em>alongside<\/em> traditional investments. Moreover, Yusko is not recommending that people go all in on Bitcoin or any other crypto asset.<\/p>\n<p>Interestingly, Yusko has been in favor of Bitcoin before. The CEO made a bet before, the &#8220;Buffet Bet 2.0&#8221;. This was him claiming that Morgan Creek Digital, his company&#8217;s Digital Asset Index Fund, would do better than its traditional fund in the period of January 2019 to January 2029. If not, he would pay $1 million to a charity. However, this isn&#8217;t only relying on Bitcoin.<\/p>\n<p>Their Digital Asset Fund houses the following assets:<\/p>\n<ul>\n<li>Bitcoin<\/li>\n<li>Ethereum<\/li>\n<li>Bitcoin Cash<\/li>\n<li>Litecoin<\/li>\n<li>EOS<\/li>\n<li>Dash<\/li>\n<li>Monero<\/li>\n<li>Zcash<\/li>\n<li>IOTA<\/li>\n<li>Ethereum Classic<\/li>\n<\/ul>\n<p>Essentially, anybody who buys into the fund will receive a certain amount of each of the aforementioned assets. It&#8217;s the group&#8217;s way of introducing people to the world of <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\">buying cryptocurrency<\/a>. And it&#8217;s not a bad way either, considering this method is coming from a trusted group involved in <a href=\"https:\/\/insidebitcoins.com\/trading\">online trading<\/a>.<\/p>\n<p>Regardless, nobody can deny that Bitcoin is moving up as of this year. In fact, <a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-trading-btc-is-back-above-8000-whats-next\/227522\">today marks Bitcoin&#8217;s highest price of all 2019<\/a>. It hasn&#8217;t hit anywhere close to Yusko&#8217;s prediction of $400,000 in the future, but this is still a win for the industry as a whole.<\/p>\n<p>Commenting on its potential for disruption, <a href=\"https:\/\/www.youtube.com\/watch?time_continue=18&amp;v=s4YBPDZLgrM\">Yusko spoke about Bitcoin<\/a> and the world of traditional finance:<\/p>\n<blockquote><p>&#8220;This will change the supply and demand equation for banking. It is that big. I&#8217;m not surprised at all that bankers, financiers and Saudi Princes are coming out against it. This is a truly disruptive technology.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Speaking to CNBC, the CEO of Morgan Creek Capital Mark Yusko said that Bitcoin &#8220;should be in everybody&#8217;s portfolio.&#8221; A truly disruptive technology Additionally, Yusko <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/morgan-creek-capital-ceo-believes-that-everybody-should-invest-in-bitcoin\" title=\"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin\">[&#8230;]<\/a><\/div>","protected":false},"author":1722,"featured_media":227719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[734,5874,8475,8474],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v21.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Morgan Creek Capital CEO believes that everybody should invest in Bitcoin - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin &quot;should be in everybody&#039;s portfolio&quot; during a recent interview with CNBC.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin\" \/>\n<meta property=\"og:description\" content=\"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin &quot;should be in everybody&#039;s portfolio&quot; during a recent interview with CNBC.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-24T20:34:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/morgan-creek-capital.png\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Max Moeller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@maxemole\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Max Moeller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\"},\"author\":{\"name\":\"Max Moeller\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\"},\"headline\":\"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin\",\"datePublished\":\"2019-05-24T20:34:22+00:00\",\"dateModified\":\"2019-05-24T20:34:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\"},\"wordCount\":356,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"Bitcoin\",\"Bitcoin price\",\"Mark Yusko\",\"Morgan Creek Capital\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\",\"name\":\"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2019-05-24T20:34:22+00:00\",\"dateModified\":\"2019-05-24T20:34:22+00:00\",\"description\":\"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin \\\"should be in everybody's portfolio\\\" during a recent interview with CNBC.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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Looking to the future by studying how these two industries can blend.\",\"sameAs\":[\"https:\/\/maxemole.com\",\"https:\/\/twitter.com\/maxemole\"],\"url\":\"https:\/\/insidebitcoins.com\/news\/author\/maxmoeller\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin - InsideBitcoins.com","description":"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin \"should be in everybody's portfolio\" during a recent interview with CNBC.","robots":{"max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712","og_locale":"en_US","og_type":"article","og_title":"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin","og_description":"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin \"should be in everybody's portfolio\" during a recent interview with CNBC.","og_site_name":"InsideBitcoins.com","article_published_time":"2019-05-24T20:34:22+00:00","og_image":[{"width":750,"height":450,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/morgan-creek-capital.png","type":"image\/png"}],"author":"Max Moeller","twitter_card":"summary_large_image","twitter_creator":"@maxemole","twitter_misc":{"Written by":"Max Moeller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712"},"author":{"name":"Max Moeller","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f"},"headline":"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin","datePublished":"2019-05-24T20:34:22+00:00","dateModified":"2019-05-24T20:34:22+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712"},"wordCount":356,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"keywords":["Bitcoin","Bitcoin price","Mark Yusko","Morgan Creek Capital"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712","name":"Morgan Creek Capital CEO believes that everybody should invest in Bitcoin - InsideBitcoins.com","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"datePublished":"2019-05-24T20:34:22+00:00","dateModified":"2019-05-24T20:34:22+00:00","description":"CEO of Morgan Creek Capital Mark Yusko said that Bitcoin \"should be in everybody's portfolio\" during a recent interview with CNBC.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712"]}],"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/227712#primaryimage"}},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; 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