Fortress’s Novogratz says bitcoin is in ‘inning 3 of a 9 inning game’

“Novogratz, who is the co-chief investment officer of the Fortress Macro Fund and the Drawbridge Global Macro Fund, has joined a slew of high-profile investors who have expressed interest in the virtual currency at a time when it has shed some of its questionable associations. Early Facebook investor Jim Breyer recently helped raise $9 million in Series A funding for the company Circle, which aims to simplify bitcoin payments. Eba  president and chief executive John Donahoe told the Financial Times earlier this month that the company is monitoring bitcoin and could possibly incorporate it into PayPal in the future.”

http://blogs.marketwatch.com/thetell/2013/11/11/fortresss-novogratz-says-bitcoin-is-in-inning-3-of-a-9-inning-game/

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