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Morgan Creek CEO Mark Yusko Anticipates 887% Surge in Bitcoin Price
Mark Yusko, CEO of Morgan Creek Digital, predicts Bitcoin_s price could surge to $300,000, representing an 887% increase from current levels. He compares Bitcoin to gold, suggesting it could reach the same market cap, around $12 trillion. As half of gold_s value is not used as money, Yusko believes Bitcoin can replace that portion, making its market cap $6 trillion. He believes Bitcoin_s superiority as a store of value and ease of transfer make the $300,000 target inevitable, though the exact timeframe is uncertain.
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