Ethereum’s Future Is Bright, According To Investment Company CEO

Yahoo Finance’s Dion Rabouin, Ric Newman, Dan Roberts and Morgan Creek Capital Managemant CEO Mark Yusko talked about the decline in the ethereum market and the fraudulent ICOs held on the ethereum network based on ERC-20 tokens. Despite the sudden and remarkable drop in ETH prices, Mark Yusko said that Ethereum has good days. . Yusko compared the current state of Ethereum to that of the internet, which was digitized in 1996. According to Yusko, the next step is to set up TrustNet, and it will be built on Ethereum.

“People say it’s going to happen six years from now, that’s like 1993 or 1994, just like when the idea of ​​Google was just being considered. , nobody thought it was important back then.”

Yusko also added that Ethereum will help TrustNet, just as TCP/IP, HTTP, and SMTP have helped evolve smartphones.

They also mentioned that Jordan Belfort said that although he is also a fraudster, his biggest fraud is Bitcoin. Morgan Creek Capita Management chief said: Where there is capital, there will always be malicious people.”

Chepicap-Richard Allen

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