In 2007, the head of Berkshire Hathaway and legendary investor Warren Buffett has put $1 million on that stock index, the S&P 500 will surpass the dynamics of the group of five hedge funds over 10 years. Now the venture firm Morgan Creek decided to put the same amount that crypto-currencies will outperform the S&P 500 over the same period.
Attention crypto critics….time to put skin in the game 🙂
Morgan Creek believes Digital the Digital Asset Index Fund will outperform the S&P 500 over the next 10 years.
$1,000,000 on the line.
Who will take the other side??https://t.co/10sQt2o2Ce
— Pomp 🌪 (@APompliano) 6 Dec 2018
“Time to put skin on the line, critics of the cryptocurrency. Who will agree to take a bet?”, — asked the co-founder of the company Anthony Pompliano.
Thus, the dynamics of the cryptocurrency in the future wager will be to monitor the Digital Asset Index Fund.
Earlier, Pompliano said that the bear market crashes. “tourists”, leaving only the true entrepreneurs, capable of creating sustainable value.
Recall that in November 2018 bitcoin has demonstrated the worst dynamics for the last seven years.