Bankless “Why I’m Bullish” | Mike Novogratz
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Jul 29, 2024 Mike Novogratz, founder of Galaxy Digital and a pioneer in cryptocurrency investment, shares his insights on the evolving landscape of crypto. He discusses Wall Street's shifting perception towards Bitcoin and Ethereum ETFs, and how political dynamics are influencing the industry's growth. With enthusiasm, he reflects on the crypto revolution since 2014, offering valuable advice for young investors navigating this rapidly changing space. Expect a compelling blend of finance, politics, and the promise of digital assets.
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Larry Fink’s Orange Pilling
- Larry Fink's acceptance of Bitcoin, driven by a group of respected individuals, marks a pivotal moment for crypto.
- This "orange-pilling" of a TradFi leader signifies growing recognition of crypto's potential.
The Social Construct of Crypto
- Crypto adoption is driven by community and trust, not solely technology.
- Individuals are convinced to join this community and invest based on shared belief, mirroring other social constructs.
COVID as Crypto Catalyst
- COVID's economic impact, with trillions injected into the economy, fueled crypto's rise.
- The narrative of currency debasement resonated globally, attracting significant investment.