Mark Yusko: "The whole world will inevitably use bitcoin.
Mark Yusko, during the Tech Path Crypto podcast, lamented that about 80% of all bitcoins are concentrated outside of the U.S. and only about 20% of the cryptocurrency remains in the possession of Americans. Yusko emphasized that even if U.S. citizens weren't invested in BTC, it wouldn't interfere with its daily functioning.
The head of Morgan Creek Capital says bitcoin is especially in demand in countries whose national currencies are subject to devaluation, such as Nigeria. In addition to the Nigerian naira, Yusco mentioned the Turkish lira, the Argentine peso and the Venezuelan bolivar. Given the unstable economies of all four countries, their citizens prefer gold and bitcoin.
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