Why the Bitcoin Rally to $250K Has Begun: Hedge Fund Manager Mark Yusko

00:00 Mark Yusko

So, I think this will be not like straight up to 125 and straight up to 250,

00:08 Mark Yusko

but I do think the durability of the trend will be better.

00:15 Mark Yusko

And and I think that the one thing that people have to keep in mind

00:20 Mark Yusko

is just the law of large numbers.

00:23 Mark Yusko

Right? When Bitcoin was a $10 billion asset, going to 100 billion,

00:32 Mark Yusko

a 10X,

00:34 Zack Guzman

Yeah. Pretty big deal.

00:36 Zack Guzman

Well, it's interesting to think about that.

00:37 Mark Yusko

and was pretty easy.

00:40 Zack Guzman

Yeah. Well, because the you that that whole line just kind of reminded me of Peter Thiel when he was asked about Facebook and like kind of why he sold and the idea of how hard it would get to kind of stage one and then stage two. And certainly I hear your point around law of large numbers when it comes to percentage gains and you know, the days of going from, like you said,

00:54 Zack Guzman

uh 10X's and taking those and eating them all day, probably gone. Um, but still the idea of higher conviction here, uh is something that, you know, I think both of us certainly agree on and a lot of our audience. Um,

01:09 Zack Guzman

but to your point on kind of the macro changes right now, maybe just touch on that before we shift kind of to everything beyond Bitcoin. is this idea of of