During a recent interview, Mark Yusko stated that Bitcoin had already won.
"I'm a long-term wildly bullish believer in Bitcoin. To me, Bitcoin has won as the money for the next 5,000 years. So, gold was money for the last 5,000[years]. Bitcoin is money for the next 5,000. It's the transition from analog to digital."
Yusko sees Bitcoin as digital gold, a store of value that will endure over millennia. On the other hand, fiat money has no intrinsic value, and its purchasing power erodes over time due to inflation.
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"All fiat eventually goes to its intrinsic value, which is zero… The problem with currencies, there have been 775 paper currencies in the history of the world. Three-quarters of them no longer exist."
Smart contract platforms
Yusko acknowledges that smart contracts and programmable blockchains (Ethereum, Solana) have value. Being a Bitcoin maximalist does not preclude investing in other crypto projects.
"I want to like the whole smart contract universe because I do believe that there’s a role for a world computer… I’m torn because there are those that don’t want to believe in one or the other. They’re not mutually exclusive," he said.
Yusko has stressed that he is a technology maximalist. "I am a technology maximalist. I love technology. I love working with innovators," he said.
AI and crypto
He sees a future where blockchain and AI integrate, enhancing security, verification and intelligence. Blockchain provides trust-minimized infrastructure, AI provides decision-making and data analysis.
"I think those two technologies [AI and crypto] are absolutely intertwined. We call it blockchain intelligence. You need each other."
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