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Novogratz: Bitcoin Won’t Be Used as Currency in Next 5 Years

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Oct.23 — Michael Novogratz, founder and chief executive officer of Galaxy Digital Holdings, sees Bitcoin prices going a lot higher but doesn’t see it being used as a transactional currency in the next five years because it is being used as a store of value. He speaks with Bloomberg’s Emily Chang on “Bloomberg Markets.”

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6 Comments

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  2. Thanks for this videos, it really helps and very informative 💓💯🚀🚀 I still strongly believe the cryptocurrency is the best when it comes to investing and making money online, but it is wise to follow the right channel mostly due to the fact that bitcoin trading has taken over and bitcoin still remains bullish for over 2 months now. However, i have been able to make the best out of trading because i got involved in day trading which i'm being guided by a very accurate daily signals provided by a pro trader known as Douglas Murray. Nevertheless, i feel so cool because his strategy works well for me and during my first 5 weeks i was able to grow my 1.2btc to 5.8btc which you will agree is a very good profit. At this point i strongly kick against holding, instead get involved in day trading. Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..

  3. Thanks for this videos, it really helps and very informative 💓💯🚀🚀 I still strongly believe the cryptocurrency is the best when it comes to investing and making money online, but it is wise to follow the right channel mostly due to the fact that bitcoin trading has taken over and bitcoin still remains bullish for over 2 months now. However, i have been able to make the best out of trading because i got involved in day trading which i'm being guided by a very accurate daily signals provided by a pro trader known as Douglas Murray. Nevertheless, i feel so cool because his strategy works well for me and during my first 5 weeks i was able to grow my 1.2btc to 5.8btc which you will agree is a very good profit. At this point i strongly kick against holding, instead get involved in day trading. Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..

  4. BTC is limited but there are 10000s of same or better coins(see coinmarketcap.com), some even have same exact CODE Bitcoin CASH, BITCOIN GOLD… so it is not UNIQUE anymore than human MARK or PETER are unique. Sure they are unique and LIMITED individuals but you have 10000s of other individuals (like coins)that can REPLACE them. So this uniqueness is nonsense from combinatorial financial scarcity perspective. ZCash, Monero, Stellar, LiteCoin all are competing coins. With GOLD the MENDELEYEV table has LIMITED number of elements and only some of them same density and ability to HOLD in HAND(URANIUM is precious too, you just do not want to hold it at home). It is nature. BTC today is to those better coins (DASH, STELLAR, MONERO, Etehreum, lTC etc) is like MYSpace used to be to FB in 2008 or Lycos to GOOGLE in 1999.. BTC uniqueness PR is one PONZI SHEME scam. Get the real thing: GOLD. one coin of GOLD has MORE ENERGY(talking nuclear energy needed to create GOLD) in it than ENTIRE network of BTC computers running 24×7 for years.

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