Compiled by Deep Chao TechFlow
Original Title: Conversation with Galaxy Founder: Bitcoin Will Continue to Rise, Stock Tokenization Will Capture the Financial World's Attention
Key Highlights
- Bitcoin's market growth has entered an irreversible phase.
- The U.S. dollar may retain its global reserve currency status but faces declining appeal as nations diversify into Bitcoin and gold.
- The bond market remains the ultimate "giant" controlling economic stability.
- Blockchain is a "trust machine," requiring public education to avoid being perceived as a scam.
- The GENIUS Act has a 99% likelihood of passing, signaling regulatory clarity for crypto.
- Tokenized stocks will revolutionize finance, with Galaxy Digital exploring tokenizing its own shares.
- Data centers and AI are pivotal to crypto's infrastructure future, merging physical and digital economies.
Bitcoin Hits Record Highs
Ryan:
Bitcoin just hit an all-time high of $109,900. What’s your take?
Mike Novogratz:
Adoption has reached escape velocity. Sovereign wealth funds, corporations, and retail investors are all in. With U.S. fiscal deficits worsening, Bitcoin’s role as "digital gold" strengthens.
Trump’s Tariffs and Bitcoin
David:
How do Trump’s tariffs impact Bitcoin?
Mike:
Tariffs strain the dollar’s reserve status, pushing investors toward assets like Bitcoin. The bond market’s reaction—yields plummeting—shows mounting distrust in traditional finance.
The Liz Truss Moment 2.0?
Ryan:
Could the U.S. face a bond-market revolt like the U.K.’s Liz Truss crisis?
Mike:
Absolutely. If long-term bonds keep selling off, the government will be forced to tighten fiscal policies. The bond market always wins.
FAQ Section
Q: Will the U.S. dollar be replaced by Bitcoin?
A: Unlikely, but diversification into Bitcoin and gold will grow as trust in the dollar erodes.
Q: What’s next for crypto regulation?
A: The GENIUS Act will legitimize stablecoins, while tokenized stocks will dominate the next financial wave.
Q: When will Galaxy tokenize its stock?
A: Actively collaborating with the SEC, with plans to tokenize Galaxy shares soon.
The Future: Tokenization and AI
Ryan:
How will tokenized stocks and AI intersect?
Mike:
Tokenization unlocks 24/7 liquidity and global access. Meanwhile, AI demands massive data centers—like our 800MW Texas facility—powering the next industrial revolution.
👉 Explore the future of tokenization