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Mark Yusko: Bitcoin Has Already Won | Innovation, AI & the Next 14-Year Tech Boom

6 snips
Dec 5, 2025
Mark Yusko, Founder and CIO of Morgan Creek Capital, shares his insights on Bitcoin as the new global money. He argues that innovation super-cycles are reshaping investment landscapes and predicts that the smartest capital will focus on AI, blockchain, and tokenization by 2038. Delving into contrarian investing, he reveals that the most hated ideas can lead to significant returns. Mark also discusses the transition from fiat to Bitcoin, highlighting the fragile nature of traditional currencies. A must-listen for those keen on future tech trends!
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INSIGHT

Invest Early In Innovation

  • The greatest wealth comes from investing in innovation before others understand it.
  • Mark Yusko believes Bitcoin has "won" as money for the next 5,000 years and will replace gold's role.
ANECDOTE

Slow Start, Big Payoff

  • Mark recounts his slow adoption of crypto after a 2013 dinner with Dan Morehead and initial client backlash.
  • He later co-founded Morgan Creek Digital and made early VC bets like Coinbase that validated the thesis.
ADVICE

Use Discomfort As ASignal

  • Expect ridicule when you take nonconsensus investment positions and use that as a signal, not a deterrent.
  • If you need to be liked, avoid contrarian bets because successful investing often feels uncomfortable.
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