Mark Yusko – "With Every Investment We Become Richer or Wiser, Never Both" | #427
The Meb Faber Show - Better Investing
Bitcoin
I am a hundred % confident that we are going to migrate from the inner net base world and the mobile net base world to the block chamber. The question for me is, are we going to have a single chain world where bitcoin is the base layer and then lightning and other things sit on top of it? I don't know the answer to that, and right now i'm making bets on both. But when it wins, you can make a hundred x. And we actually made more than a hundred x in salana. Some called the graft. In our second fund in 20 20, we shifted the ratio a little bit. We could go up to 30% in protocols and 70%.
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