Mike Novogratz of Galaxy Digital has commented that crypto was created by Satoshi Nakamoto precisely for the kind of over-printing and debasement of currency that the world is experiencing right now.
BRICS nations are multiplying
De-dollarisation is happening. The over-financialisation that has taken place in the West over the last few decades is coming home to roost. The BRICS nations are already trading in the Chinese Yuan, and applications to sign up to this bloc are multiplying rapidly.
United Arab Emirates, Egypt, Algeria, Argentina, Mexico and Nigeria are reportedly looking to join this new global cooperation group, with Saudi Arabia already on the brink of being accepted, putting in jeopardy the long-standing agreement with the U.S. to exchange oil for dollars.
This is crypto’s moment
Mike Novogratz, the billionaire entrepreneur and CEO of Galaxy Digital, made his comments during his company’s Q4 2022 earnings call. He said that “crypto prices are likely to go up over the
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