By laying the foundations of the Internet of Value, cryptocurrency and blockchain will generate more wealth than Web one.0 and Web 2.0, said Marker Yusko, CEO of Morgan Creek Capital, in an sectional interview with Cointelegraph.

"We oasis't even gotten to the parabolic growth role of Web 3, which is going to create untold wealth," stated Yusko.

In his career as a hedge fund manager, Yusko profited from investing in early internet technologies. He embraced cryptocurrency in 2022 later realizing their potential to power the Internet of Value — a new iteration of the cyberspace that will let users to substitution value directly bypassing financial intermediaries.

In comparison with the previous iterations of the internet, which revolutionized the spheres of commerce and media, the "trust net" — as Yusko called it — volition generate an exponentially larger corporeality of wealth.

"Fiscal services is far bigger than information and media and commerce," he pointed out.

However, Yusko is convinced that before entering a phase of parabolic growth, the crypto industry will need to overcome the opposition of traditional financial actors and perchance face another major correction.

"The incumbents really don't desire the disruptors to win, so they volition fight really difficult. They'll throw up regulatory barriers — they'll try to buy up the companies and shell of the engineering science," he said.

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