advocate and billionaire Mike Novogratz was in the again after he said that people should bow down to ’s creator, Satoshi Nakamoto, and thank him for the world’s largest . A leading voice in the crypto ecosystem, Novogratz appeared in an exclusive video with the founder of Morgan Creek Digital, Anthony Pompliano.
Novogratz is of the opinion that all kinds of funds, be it crypto or hedge, should own some amount of . He also called the digital asset “sovereign money”. Talking about ’s fundamental technology, the , he added that , originally a social experiment, had become “sovereign money” and held a market cap of $71.80 billion.
Novogratz also drew parallels with gold, a of value. Novogratz claimed,
“ provides a really interesting alternative to gold.”
He was previously in the when he claimed will eventually become the digital gold, at the MENA summit 2019.
’s prices rose to breach the $4,000 mark recently, following the recent market surge led by the market’s . There is architecture in place to facilitate and accessibility, the billionaire said, predicting that over a period of twenty years, was going to be “in the game.”
Novogratz also serves as a member of the Investment Advisory Committee on Financial Markets, at the Federal Reserve Bank of New York. While talking about his first tryst with as a member of the committee, Novogratz said that the committee viewed more as a payment system than a currency. However, many in the Federal Reserve did love the idea of technology as a of value, he said.
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Published at Sat, 23 Mar 2019 04:07:08 +0000
