The Prof G Pod with Scott Galloway Crypto, Web3, and DeFi — with Mike Novogratz
Nov 18, 2021
Mike Novogratz, founder and CEO of Galaxy Digital, shares his insights on the evolving cryptocurrency landscape. He discusses the diverse use cases for Bitcoin, Ethereum, and NFTs, urging investors to embrace their significant potential. The conversation highlights the disruption of traditional finance by decentralized finance and innovative blockchain applications. Mike also emphasizes the need for accountability amidst rapid technological changes and the importance of understanding investment strategies in a volatile market.
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Crypto's Appeal
- Mike Novogratz's interest in crypto evolved from an asset trade to a deeper commitment.
- He was fascinated by the mission-driven community and the potential to rebuild financial infrastructure.
Galaxy Digital's Mission
- Galaxy Digital aims to be a bridge between traditional finance and the tech-driven world of crypto.
- It invests in various crypto assets and offers services like asset management and investment banking.
Crypto Buckets
- Bitcoin is viewed as digital gold, while Web3 (Ethereum and others) is the internet of value exchange.
- NFTs enable real-world applications like digital identity.