Mike Novogratz: Galaxy Digital – Bridging Crypto and Institutional Worlds
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The Second Case Is Inflation Picking Up
I think there's two paths, right? So we go down a gradualist path, right? That's the way history works, until it breaks. The second case is inflation picks up much more severely than we think. Confidence breaks down in governments. They try to band big coin. At one point Ther anwe through this what an emerging market country looked like. I was in the center of the storm when tiland went busten 97. And so if we see that happen in the western economies, europe, japan, us, you see a breakdown of the financial system. It's devastation. Then you would see a step function where it could get replaced by bick
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