The founder of Galaxy Digital believes cryptocurrencies are a good long-term investment

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Despite the crypto asset bubble, Galaxy Digital founder Mike Novogratz said in an interview with CNBC that this is a long-term investment opportunity because Bitcoin will not disappear.

He claimed that although what happened at FTX was an indictment of the company and others who were reciprocated, it was not an accusation of cryptocurrencies as a whole.

Novogratz added that this was because 150 million people chose to store some of their net worth in cryptocurrencies.

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