Bitcoin vs. Gold: Why Bitcoin Has No Back Door

Saturday, Feb 7, 2026 6:14 am ET1min read
BTC--

Mark Yusko, CEO of Morgan Creek Capital, argues that Bitcoin cannot be secretly manipulated or controlled, unlike gold. He emphasizes that Bitcoin has a fixed supply of 21 million, which drives its value. Yusko also notes that derivatives do not neuter assets, and large players can manipulate short-term prices but ultimately demand and supply win out in the long term. Bitcoin's price has declined since its all-time high of $126,000 in October 2025 and currently trades at $67,760.15, up 2.78% in the last 24 hours.

Bitcoin vs. Gold: Why Bitcoin Has No Back Door

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