Fortress’ Novogratz on Bitcoin – Quotation Of the Day

By Hedge Fund Insight staff

fortress-logo-home“What company has a $4.5bn market cap with 30,000 programmers providing human capital to it?

I’m certain of one thing with Bitcoin:  the banking industry is nervous of it. The democratization of finance is coming and Bitcoin is one piece of it.”

 

Mike Novogratz, principal at Fortress Investment Group, Head of Liquid Alternatives, and Portfolio Manager of the Fortress Macro Fund

 

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