Billionaire David Rubenstein Says ‘Unrealistic’ to Think Government Will Stop Cryptocurrency From Being What Investors Want

Billionaire David Rubenstein Says ‘Unrealistic’ to Think Government Will Stop Cryptocurrency From Being What Investors Want
фото показано с : news.bitcoin.com

2021-5-24 21:00

The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. It’s not going away as “It’s clearly something that the market wants,” he said.

David Rubenstein Bullish About Crypto

David Rubenstein, co-founder and co-chairman of Carlyle’s Board of Directors, talked about bitcoin and the future of cryptocurrency in an interview with CNBC last week. He previously served as co-chief executive officer of The Carlyle Group, a private equity, asset management, and financial services corporation. In 2015, Carlyle was the world’s largest private equity firm by capital raised over the previous five years, according to the PEI 300 index.

Rubenstein said: “Crypto has come from nowhere to be a force in the market. It’s in effect a gold substitute for some. … It’s here to stay. Cryptocurrency is not going away, just like gold is not going away.” He added:

The idea that the government is going to stop cryptocurrency from being something investors want is unrealistic.

The Carlyle Group’s executive noted that cryptocurrency “has its ups and downs.” However, he emphasized: “that’s true of anything that’s relatively new, and I don’t think you are going to see anything like crypto going away and disappearing.”

He continued: “It’s here and it’s here because people in the market want something other than just the traditional currencies that we have, and whether that’s right or wrong, it’s clearly something that the market wants.”

Rubenstein emphasized that “If you go into cryptocurrency, you should expect big ups and downs and big fluctuations, and if you are not prepared for that, don’t go into cryptocurrency.”

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });

The crypto community welcomes Rubenstein’s comments. Michael Saylor, the pro-bitcoin CEO of the Nasdaq-listed company Microstrategy, which has amassed about 92 BTC so far, commented:

This is auspicious for bitcoin coming from David Rubenstein. He is chairman of the Kennedy Center for the Performing Arts, former chairman of the Smithsonian Institution, chairman of the Council on Foreign Relations, & president of The Economic Club of Washington, D.C.

What do you think about David Rubenstein’s comments about bitcoin and cryptocurrency? Let us know in the comments section below.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0034358 (-100%)

cryptocurrency being investors want says david rubenstein

cryptocurrency being → Результатов: 126


Фото:

FINMA Chief Fears Unregulated Cryptocurrency Offerings, Open to Libra Deployment

Mark Branson, the head of FINMA, is more worried about cryptocurrency networks being developed behind the scenes and scaling to a height where they cannot be stopped. While Libra is open to regulatory collaboration, there are plenty of projects that are being developed in silent and spreading through cyberspace, as per Reuters, October 1, 2019.

2019-10-2 15:00


Фото:

6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen.

2018-6-24 23:00


Experts say Cryptocurrency Crimes will be on the Rise this Year

The cryptocurrency space is filled with crime. Bitcoin and other cryptocurrencies are used everyday for the dealing of contraband goods and prohibited services.   Cryptocurrency Exchanges are being hacked and robbed of millions at an increasing rate, money laundering efforts are being aided by various coins, and ICO scams continue to cast doubt over the […] The post Experts say Cryptocurrency Crimes will be on the Rise this Year appeared first on ZyCrypto.

2018-6-24 21:22


Фото:

Betting On Augur: 8 Reasons To Be Bullish On REP

Augur (REP) will be the talk of the cryptocurrency community when they go live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the […] The post Betting On Augur: 8 Reasons To Be Bullish On REP appeared first on Crypto Briefing.

2018-6-22 19:11


Фото:

High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector.

2018-6-20 17:30


Фото:

Bitcoin is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did

2018-6-18 16:44


Фото:

The Bitcoin Wallet provider Xapo receives the 6th-bit ligence from New York State

Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018. With the obtained

2018-6-18 12:40


BINANCE COIN [BNB] GAINS SKYROCKETS

While Binance is famous for being the largest cryptocurrency exchange platform by trading volume till date, it’s coins are not exactly making rounds in the Cryptocurrency market. However, in a remarkable turn of event, the path for the Binance coin BNB seems to be holding a little glimmer of hope this Sunday, which is rather […] The post BINANCE COIN [BNB] GAINS SKYROCKETS appeared first on ZyCrypto.

2018-6-18 10:34


Swiss Bank to offer Business account to crypto and blockchain related project

Switzerland is recognized as a center for cryptocurrency and blockchain transactions, with Zug (a place in the country) even being referred to as the “Crypto Valley”. The low-tax region is a productive ground for countless startups – ventures such as Ambrosus, Bancor and Jibrel Network have offices in Zug. Another huge cherry on the cake […]

2018-6-13 15:21


Фото:

A New Cryptocurrency Radio Broadcast Launches on Boston’s FM 104.9

Over the past six months, cryptocurrencies have been steadily entering the mainstream world more and more by being featured on billboards, newspapers, radio broadcasts and television shows. Now, this July residents from the New England region will be able to hear a weekly radio broadcast called Cryptomania which aims to educate the masses about the […] The post A New Cryptocurrency Radio Broadcast Launches on Boston’s FM 104.9 appeared first on Bitcoin News.

2018-6-13 01:50