David

Bitcoin

Gary

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 <p>Carlyle Group Co-Founder David Rubenstein recently asserted that Bitcoin is not going away anytime soon. Blackrock’s filing for an ETF addressed the fact that “big respectable firms” can get involved with Bitcoin. In an interview with Bloomberg, he said, </p> 
 <p><strong>“The mighty BlackRock is willing to have an ETF in Bitcoin, maybe Bitcoin is going to be around for a while.”</strong></p> 
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    <p lang="en" dir="ltr">Carlyle Group Co-Founder and billionaire David Rubenstein says Bitcoin isn't going away anytime soon https://t.co/zgO2irsANu pic.twitter.com/qVHjbgQD8M</p> 
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    </div> — Bloomberg Crypto (@crypto) August 8, 2023 
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 <p><strong>Also Read:&nbsp;I Will Exempt Bitcoin-Dollar Conversions From Taxes: Robert Kennedy Jr</strong></p> 
 <h3 class="wp-block-heading" id="h-there-is-enormous-interest-in-bitcoin-rubenstein">There is enormous interest in Bitcoin: Rubenstein</h3> 
 <p>Rubenstein said that he wished he had bought BTC when it was trading at $100. Even though the asset is trading at less than half of its ATH value of $69,000, the executive said that BTC has fetched investors good profits over the long term.</p> 
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 <p>The U.S. government has been skeptical of Bitcoin and other crypto assets. Rubenstein pointed out that Gary Gensler and the SEC have been unsuccessful in proving to the court that crypto is a dangerous thing. Their partial loss in the Ripple lawsuit is evidence of this claim. Additionally, several presidential candidates have been in favor of Bitcoin. Robert Kennedy Jr. recently assured Americans that they will not be liable to pay taxes on Bitcoin to U.S. dollar conversions if he is elected to power next year.</p> 
 <p>However, outside the U.S., there is a lot of positive interest when it comes to Bitcoin and other crypto assets. Further elaborating on this, Rubenstein said,</p> 
 <p><strong>“There has been enormous interest around the world in being able to have something to transfer without the government coming to know about it and keeping it private. You can say people shouldn’t do that, but that’s not going to stop people from doing it.”</strong></p> 
 <p><strong>Also Read: RFK Jr. Vows to End Corrupt Government, Corporate Power</strong></p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>bitcoin</li> 
  <li>carlyle group</li> 
  <li>david rubenstein</li> 
 </ul> 
</div>

Bitcoin Isn't Going Away Soon: David Rubenstein

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TheBitTimes

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