Mike Novogratz, discusses his views on Bitcoin during an interview with Bloomberg's Erik Schatzker.
“This is going to be the largest bubble of our lifetimes, you can make a whole lot of money on the way up” Novogratz said.
He is starting a $500 million hedge fund to invest in cryptocurrencies, initial coin offerings and related companies. He will put up $150 million of his own money and plans to raise $350 million more mainly from family offices and wealthy individuals.