Billionaire Michael Novogratz

"In 1999, capitalization of the Nasdaq reached 5.4 trillion $, so why would bitcoin not grow as much?" said Novogratz, referring to the Nasdaq Composite. "In this area involved the sea capital, and real money is pouring into cryptoprotection, so I think it is now at the point of takeoff"."To reach the top, cryptocurrency companies needs to be developed reasonable principles of business that are satisfactory to regulators and stressed the legitimacy of the emerging industry," said Novogratz on Tuesday at the conference CB Insights Future of Fintech in new York."Bitcoin could become a viable means of storage of savings, like gold, while the Ethereum can serve as a platform underpinning the future of Google and Facebook, and all remittances and securities settlement are likely to be implemented using blockchain technology" – he said."Pay taxes. After all, no one in this space does not pay taxes. While this is just a bunch of libertarians," he says, adding that he believes that the team is definitely guided by the best intentions. "The guys who built this system, he is truly a revolutionary spirit." Read more https://www.bloomberg.com/news/articles/2017-06-27/novogratz-says-cryptocurrencies-face-monster-regulatory-risks