According to a PANews report on August 17th, according to Cointelegraph, Galaxy Digital CEO Mike Novogratz stated on the Coin Stories podcast that Bitcoin's price exceeding $1 million next yearAccording to a PANews report on August 17th, according to Cointelegraph, Galaxy Digital CEO Mike Novogratz stated on the Coin Stories podcast that Bitcoin's price exceeding $1 million next year
Galaxy Digital CEO: If Bitcoin reaches $1 million next year, it will indicate that the US economy is in serious trouble
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According to a PANews report on August 17th, according to Cointelegraph, Galaxy Digital CEO Mike Novogratz stated on the Coin Stories podcast that Bitcoin's price exceeding $1 million next year would not be a victory, but rather a sign that the US economy is in serious trouble. Novogratz stated that he prioritizes stability over a surge in Bitcoin prices. "I would rather have a more stable America with a lower Bitcoin price than the opposite," he explained, explaining that severe currency devaluation often comes at the expense of civil society.
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