Most cryptos will fail, but bitcoin could be here for good
CNN
Bitcoin is among the most polarizing investments in history. Ask a skeptic, and they'll tell you it's a bubble that's about to pop. Ask a believer, and they'll tell you it's a bubble that will keep expanding forever.
Mike Novogratz, founder and CEO of crypto fund Galaxy Digital, is among the world's biggest believers in the potential for cryptocurrencies. At a CNN Business' Foreseeable Future live event Thursday, he encouraged investors to look past the often massive daily swings that bitcoin takes and look at the bigger picture.
"Bubbles and manias happen around things that fundamentally change the way we think," Novogratz told CNN's Julia Chatterley during the event. "Finance will be disrupted by decentralized systems, I'm confident of that."
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