Carlyle Group co-founder David Rubenstein on the Invest Like the Best podcast acknowledgedwho was skeptical about cryptocurrencies, but over time his opinion changed.
According to the investor, he used to believe that there was “nothing” behind Bitcoin and Ethereum.
“Now it is clear to me that many young people do not think that there is something serious behind the dollar, euro or other currencies,” said the co-founder of the Carlyle Group.
He emphasized that he did not buy cryptocurrencies, but “invested in companies that serve the industry.” Rubenstein did not disclose specific investments.
“[…] The genie is out of the bottle and I don’t think the industry is going to disappear anytime soon,” he said.
Rubenstein also pointed to the crisis in Ukraine as an additional reason for his renewed optimism about cryptocurrencies.
“If you are in Ukraine or Russia and the country is in a lot of trouble and you want to have some assets, having some crypto will probably make you feel better when there is something out of government control.” Rubenstein noted.
In May 2021, the co-founder of the Carlyle Group ruled out the disappearance of cryptocurrencies. He expressed the opinion that digital assets will remain part of the financial landscape for a long time.
Recall that in April 2022, the philosopher and professor of psychology at the University of Toronto, Jordan Peterson, called bitcoin revolutionary, but causing concern.
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Carlyle Group co-founder David Rubenstein on the Invest Like the Best podcast acknowledgedwho was skeptical about cryptocurrencies, but over time his opinion changed.
According to the investor, he used to believe that there was “nothing” behind Bitcoin and Ethereum.
“Now it is clear to me that many young people do not think that there is something serious behind the dollar, euro or other currencies,” said the co-founder of the Carlyle Group.
He emphasized that he did not buy cryptocurrencies, but “invested in companies that serve the industry.” Rubenstein did not disclose specific investments.
“[…] The genie is out of the bottle and I don’t think the industry is going to disappear anytime soon,” he said.
Rubenstein also pointed to the crisis in Ukraine as an additional reason for his renewed optimism about cryptocurrencies.
“If you are in Ukraine or Russia and the country is in a lot of trouble and you want to have some assets, having some crypto will probably make you feel better when there is something out of government control.” Rubenstein noted.
In May 2021, the co-founder of the Carlyle Group ruled out the disappearance of cryptocurrencies. He expressed the opinion that digital assets will remain part of the financial landscape for a long time.
Recall that in April 2022, the philosopher and professor of psychology at the University of Toronto, Jordan Peterson, called bitcoin revolutionary, but causing concern.
Subscribe to the Cryplogger channel at YouTube!
Found a mistake in the text? Select it and press CTRL+ENTER
