The baby boomer generation, which is not only one of the richest but also ready to acquire a big share of the cryptocurrency market, is a primary emphasis.
Mark Yusko, the CEO of Morgan Creek Capital, addressed his opinions on the Wolf Of Streets podcast, underlining how recent happenings, such as the creation of Bitcoin ETFs and advisors concerned about a boomer retirement problem, revealed strong institutional momentum behind this digital currency.
According to Mark Yusko, the wave of investments from this type of investors could be very significant, potentially pumping trillions into digital assets.
According to Yusko, this flood may expand the cryptocurrency market valuation to $6 trillion, and the engagement of more cryptocurrencycurrencies would result in a lot of trust among users.
Yusko predicts $300 billion, which is 1% of $30 trillion, will enter the cryptocurrency market during the next 12 months. This is actually more money than has ever been converted to Bitcoin in its 15-year history — a fairly astonishing development in his view.
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