Novogratz: One Of The Social Media Crypto Coins Will Succeed

Novogratz: One Of The Social Media Crypto Coins Will Succeed

 

Crypto currency investor, the famous billionaire Michael Novogratz, created by the social media giants, one of the crypto coins argued that success would be successful.

 

A co-founder and CEO of Galaxy Digital, Michael Novogratz, said yesterday that one of the crypto coins created by social media giants in a broadcast on CNBC would be successful.

 

Billionaire Bitcoin investor, said the last part of the interview:

 

ÔÇŁYou’ll see Facebook and Telegram’s crypto coins work, and I think they have a chance to be a real currency.ÔÇť

In the beginning of the interview, Novogratz reiterated his view that comparing Bitcoin with gold is a value store. The famous investor, Facebook’s crypto money, such as things used for payments, while Bitcoin’─▒n be limited to a value store, he said.

In one part of the interview, Novogratz asked whether people who had previously burned Bitcoin from their mouths would not take it again for a long time, said Novogratz.

Novogratz: One Of The Social Media Crypto Coins Will Succeed

Novogratz: One Of The Social Media Crypto Coins Will Succeed

ÔÇŁThe individual investor will come and go, and there will not be many people burning his mouth, but there are seven and a half billion people on the planet, and there are many individual investors who will continue to come.ÔÇť

Novogratz said that crypto coins such as Ethereum and EOS, which he called web 3.0 coins, are interesting. All these networks have been struggling to be web 3.0, the investor said it would take 2-5 years to find the winner.

In another interview this month, Novogratz said that Bitcoin will not change the world with only a value store but web 3.0 can do it.

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