Michael Novogratz on Crypto Trust

“We are in a bear market for trust. Trust between nations is low. Credit is a form of trust. The bitcoin whitepaper appeared in 2008, amid a global breakdown in trust. The blockchain is a system of trust based on math.”

Interesting to see per-capita crypto penetration is highest in Ukraine, followed by Russia.

We had a fun dinner together too… with a lot of structured oversharing. 🙂