Yusko: Bitcoin Already Won
Analysis
Price Impact
MedMark yusko's strong endorsement of bitcoin as 'money for the next 5,000 years' reinforces its digital gold narrative. this high-profile bullish sentiment from a respected investor can positively influence long-term holder conviction and potentially attract new institutional interest, contributing to a moderate upward pressure on price over time.
Trustworthiness
HighMark yusko is the ceo and cio of morgan creek capital management, a well-respected figure in traditional finance and a long-time advocate for bitcoin and digital assets. his insights are generally well-informed and carry significant weight.
Price Direction
BullishYusko's 'wildly bullish' stance positions bitcoin as the superior store of value over the long term, contrasting it with the intrinsic decline of fiat currencies. this strengthens the investment thesis for bitcoin as a primary asset, suggesting long-term price appreciation. his positive view on smart contracts also indicates a broader bullish sentiment for the crypto ecosystem.
Time Effect
LongYusko explicitly refers to bitcoin's role for the 'next 5,000 years,' emphasizing a generational, long-term perspective on its value proposition rather than short-term price movements.
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Article Content:
Cover image via U.Today Read U.TODAY on Google News Smart contract platforms AI and crypto Advertisement During a recent interview , Mark Yusko stated that Bitcoin had already won . "I'm a long-term wildly bullish believer in Bitcoin. To me, Bitcoin has won as the money for the next 5,000 years. So, gold was money for the last 5,000[years]. Bitcoin is money for the next 5,000. It's the transition from analog to digital." Yukso sees Bitcoin as digital gold, a store of value that will endure over millennia. On the other hand, fiat money has no intrinsic value, and its purchasing power erodes over time due to inflation. HOT Stories XRP Scores Yet Another Prominent Supporter Crypto Market Prediction: XRP's Last Chance Before $1, Another Bitcoin (BTC) Wave to Set $100,000 in Stone, Shiba Inu (SHIB) Comeback to the Bottom is Possible Ethereum’s Buterin Advocates for Stronger Crypto XRP Hits Astonishing 1,694,200% Liquidation Imbalance, Vitalik Buterin Breaks Silence on Ethereum Outage, $185 Million in Bitcoin Exits Binance in Minutes – Crypto News Digest "All fiat eventually goes to its intrinsic value, which is zero… The problem with currencies, there have been 775 paper currencies in the history of the world. Three-quarters of them no longer exist." Advertisement Smart contract platforms Yusko acknowledges that smart contracts and programmable blockchains (Ethereum, Solana) have value. Being a Bitcoin maximalist doesn’t preclude investing in other crypto projects. "I want to like the whole smart contract universe because I do believe that there’s a role for a world computer… I’m torn because there are those that don’t want to believe in one or the other. They’re not mutually exclusive," he said. Yusko has stressed that he is a "technoloby maximalist." ""I am a technology maximalist. I love technology. I love working with innovators," he said. AI and crypto He sees a future where blockchain and AI integrate, enhancing security, verification, and intelligence. Blockchain provides trust-minimized infrastructure, AI provides decision-making and data analysis. "I think those two technologies [AI and crypto] are absolutely intertwined. We call it blockchain intelligence. You need each other." #Bitcoin News #Mark W. Yusko