Morgan Creek bets $1 million exaggerating crypto over S&P

Morgan Creek Digital bets emphasizing that the crypto market would be more valuable than the index of S&P 500 within ten years. Reportedly, the market capitalization of bitcoin was huge than 97% of the companies on S&P 500 as of October. Morgan Creek bets that the index fund including bitcoin, ethereum, and others would surpass S&P 500.

The post Morgan Creek bets $1 million exaggerating crypto over S&P appeared first on Incrypts.

Morgan Creek bets $1 million exaggerating crypto over S&P

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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