Novogratz/Bitcoin: “What’s different from 2008, different than 2001, different than the COVID crises, is the cavalry isn’t here. There’s no giant injection of liquidity to create the V-shape, we’re going to go down. It’s not going to be nearly as pleasant to plunge in and buy the low”
This Is A Long Term Investment – Novogratz: “It’s amazing how much institutional capital is starting to line up come into the place. BlackRock, Blackstone, Citadel, Apollo are all building major crypto efforts, and so it’s completely intuitive to me that there’s a backstop somewhere in crypto”
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