Coin Price

$ 3,508.02
$ 24.54
$ 91.42
$ 57.16
$ 71.12
$ 45.40
$ 0.3033
$ 2.00
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A $1 Million “Buffett Bet 2.0” on Cryptocurrencies

A $1 Million “Buffett Bet 2.0” on Cryptocurrencies

It’s safe to say 2018 wasn’t the best year for cryptocurrencies. However, some firms aren’t willing to throw in the towel.  In fact, Morgan Creek Digital just announced a “Buffett Bet 2.0,” or a $1 million wager that its cryptocurrency index will outperform the S&P 500 over the next 10 years. That’s quite a bet on coins that have given up all of their 2017 wins. Cryptocurrencies: Buffett Bet 2.0 from Morgan Creek In fact, Morgan Creek calls its million-dollar bet the “Buffet Bet 2.0” challenge.  It’s doing so to mimic a bet Warren Buffett made during the 2008 financial…