Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.”
David Rubenstein Bullish on Crypto
Billionaire investor David Rubenstein, co-founder of the Carlyle Group, one of the largest investment firms, shared his cryptocurrency outlook in an interview with CNBC Thursday.
Responding to a question about whether he is bullish on cryptocurrency, the billionaire explained:
I’m bullish in the sense that I think the greatest fortunes are made when people go against conventional wisdom.
“Who knows where crypto’s going to be but right now crypto’s been beaten down dramatically,” he pointed out, indicating opportunities in the sector.
He then confirmed that he is a crypto investor. “Not just crypto itself but I’ve invested personally in the companies that surround the...
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