Mike Novogratz: “If People Want to Be Part of XRP Army, Let Them”

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So, here we have Mike Novogratz, the CEO of Galaxy Digital, who has suddenly decided to throw a lifebuoy to the XRP cryptocurrency. Apparently, it has a “narrative” now. Who knew? 🤔

In a recent interview, Novogratz waxed poetic about how smaller ecosystems tend to stick around because they have “some little narrative.” I mean, if I had a dollar for every time I heard that, I could probably buy a small island. 🏝️

Our billionaire friend has also had a change of heart about Cardano. He admitted he was “wrong” about it. Shocking, I know! It’s almost like he’s human or something. “I thought lots of these ecosystems would go away. And they didn’t,” he lamented. Welcome to the club, Mike! 🎉

He went on to share his newfound libertarian wisdom: “If people want to be part of the XRP Army, let them.” Because nothing says freedom like joining a digital currency army, right? ⚔️

Novogratz also mentioned that all these ecosystems have “a little bit” of store of value. I guess that’s like saying my sock drawer has a little bit of fashion sense. “People are storing their value there,” he said, as if we’re all just hoarding our pennies in a digital piggy bank. 🐷

Once upon a time, Novogratz was a vocal critic of XRP, fretting over Ripple‘s massive token stash and the apparent lack of use cases. But now, he’s singing a different tune, praising the community behind the token. It’s like watching a soap opera, but with more blockchain and fewer dramatic pauses. 🎭

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2025-02-06 10:39