Mark Yusko, CEO of Morgan Creek, on Why Bitcoin is Truly a Hedge, Cronyism Vs. Capitalism, and Why Let Big Companies Fail

Mark Yusko, CEO of Morgan Creek and Scott Melker discussed a multitude of topics in this whirlwind podcast. They talked about why Bitcoin is the only legitimately uncorrelated asset in the world and the only true free market, why the government should let "zombie companies fail," why Boeing should be shut down, the difference between Cronyism and Capitalism, the problem with stock buy backs, the culpability of the US government in the present economic situation, why stocks are more manipulated than Bitcoin, why Putin is the richest man in the world, and how retail should invest and why they fail. As Mark said, "Human beings do two things really, really well - we buy what we wish we would have bought and sell what we are about to need." They also howled together at the end... --- ROUNDLYX RoundlyX allows you to dollar-cost-average into crypto with our spare change "Roundup" investing tool, manage multiple crypto exchange accounts in one dashboard and access curated digital asset content and services. Visit RoundlyX to learn more about accumulating your favorite digital assets when making everyday purchases. --- VOYAGER This episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 6% interest on top coins with no lockups and no limits. Download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io Learn more about your ad choices. Visit megaphone.fm/adchoices