Yes, the hedge fund business is going to drive crypto to unbelievable levels. Even when Jamie Dimon was bashing bitcoin he said that it will probably go to $100,000/BTC but he also said that in the end the government will shut it down. He called it a fraud because of it being touted as money. He said it is a technology and not money because money can only be created by governments. Novogratz has similar sentiments. He said it will be the biggest bubble of our lifetime and so he is going to trade it but I think he believes at some point there will be a collapse. He also admitted that BTC is too volatile to be used as money but sees it as the greatest investment opportunity he has ever seen. They both want to participate but Dimon is not being honest about it. He is trying to derail Bitcoin so he can usurp the technology for his own selfish purposes. As the Zero Hedge motto goes, "on a long enough timeline the survival rate for everyone drops to zero," so they are both right.