Novogratz Talks Bitcoin Following Ira Sohn Presentaiton

May 5, 2014 12:42 PM UTC

In an interview with Bloomberg following his Ira Sohn presentation, Fortress Investment Group (NYSE: FIG) Michael Novogratz says lots of smart money, human capital involved with Bitcoin. He predicts a democratization of finance. Says banks will look more like utilities.

NOTE: Fortress Investment Groupinvested in Bitcoin in 2013.



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