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Morgan Creek Co-founder: Investors are about to Flock into Bitcoin at the Expense of Gold
Summary: Morgan Creek Digital co-founder Jason Williams believes investors are about to flock into Bitcoin at the expense of gold. In an interview with Layah Heilpern, Williams says that he expects investors to desert gold while shorting it at the same time as capital moves out of gold and into Bitcoin. He argues that gold’s declining ...
Morgan Creek Digital co-founder Jason Williams believes investors are about to flock into Bitcoin at the expense of gold. In an interview with Layah Heilpern, Williams says that he expects investors to desert gold while shorting it at the same time as capital moves out of gold and into Bitcoin.
He argues that gold’s declining relevance is one of the reasons for the mass exodus. Williams also explains that the need to secure and store physical gold is a big turnoff for young people. Besides being a better store of value, Williams adds that Bitcoin has consistently appreciated 3x each year on average.
By Amy Liu
Tags: Bitcoin,Gold,Jason Williams,Morgan Creek
Link: Morgan Creek Co-founder: Investors are about to Flock into Bitcoin at the Expense of Gold [Copy]
