Former Wall Street executive Michael Novogratz weighed in on the Bitcoin (BTC) vs Bitcoin Cash (BCH) debate in a tweet Saturday, May 5. Novogratz defended BTC’s status as the original cryptocurrency referred to in Satoshi Nakamoto’s 2008 whitepaper, and the true holder of the ‘Bitcoin’ brand.
Novogratz, named one of the richest people in crypto earlier this year, fully entered the cryptocurrency market in 2015 after a lucrative 26-year career on Wall Street, both at Goldman Sachs and Fortress Investment Group.
According to Bloomberg, Novogratz was able to raise $250 million for his new venture, the cryptocurrency merchant bank Galaxy Digital, even while cryptocurrency markets were collapsing from record highs in December, 2017.
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