Cybersecurity
Bitcoin Bull Novogratz Unfazed as Cyberattacks Resume Globally
- Former Fortress manager says 10% of net worth in digital coins
- ‘Fly by night’ industry needs to pay taxes, Novogratz says
Why Ethereum and Bitcoin Are So Popular Lately
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Michael Novogratz says cryptocurrencies could be worth north of $5 trillion in five years -- if the industry can come out of the shadows.
“The Nasdaq got to $5.4 trillion in 1999, why couldn’t it be as big?” the former hedge fund manager said in an interview, referring the Nasdaq Composite Index. “There’s so much human capital and real money being poured into the space and we’re at the takeoff point.”