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Mike Novogratz on Crypto's Outlook, Trading & Storytelling | 1000x

Empire

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Bitcoin: A Hedge Against Responsible Government Spending

I think we're going to go back with history's rewritten. The $4 trillion of, you know, COVID stimulus was really an experiment in universal basic income. And so we've had a service economy that continues to be vibrant where the industrial economy has been slowing and slowing. We've all been a little bit too pessimistic on the economy. It looked like that was the end and all of a sudden the government gives more money to all the banks. I think it's getting more hollow and I think the economy was slow.

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