Bitcoin to $1 Million: Mike Novogratz Predicts Massive Price Rise, But with Warning for US Economy

Mike Novogratz, founder of Galaxy Digital and former Goldman Sachs partner, made a bold prediction on the future of Bitcoin during a recent podcast interview. He anticipates that Bitcoin could reach $1 million in value, surpassing even gold. However, his optimism comes with a significant caveat: this price surge would only occur if the US government continues its current pattern of increasing national debt and printing money at an unsustainable pace. This dynamic, according to Novogratz, will likely debase the USD and cause economic ruin akin to hyperinflation in some less fortunate countries.