The famous cryptocurrency enthusiast and head of Galaxy Digital, Michael Novogratz, said that Bitcoin is only a means of storing wealth, and the world will change Web 3.0.

Speaking at the summit of ConsenSys Ethereal, a former top manager from Wall Street said that Bitcoin was the first to enter the industry and take the place of an asset to accumulate wealth. However, the investor believes that Bitcoin "has already practically fulfilled its use case." At the same time, Novogratz compared the first cryptocurrency with gold, noting that both assets have value as a social concept.