{"id":546449,"date":"2023-08-09T19:00:18","date_gmt":"2023-08-09T19:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=546449"},"modified":"2024-06-11T07:05:47","modified_gmt":"2024-06-11T07:05:47","slug":"billionaire-wishes-he-bought-bitcoin-early","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/billionaire-wishes-he-bought-bitcoin-early\/","title":{"rendered":"Billionaire Investor Wishes He Bought Bitcoin Early On, Here\u2019s Why"},"content":{"rendered":"
As Bitcoin continues to enjoy more mass adoption, many have regretted their decision not to get in earlier on the flagship cryptocurrency. Co-founder of private investment firm The Carlyle Group David Rubenstein joins this long list of individuals as he wishes he had bought BTC early on.\u00a0<\/span><\/p>\n Speaking on <\/span>Bloomberg Television<\/span><\/a> on August 8, Rubenstein said he wished he had bought Bitcoin when one BTC was worth $100. The statement stems from the fact that the billionaire believes BTC is here to stay, following \u201cenormous interest\u201d in the cryptocurrency.\u00a0\u00a0<\/span><\/p>\n He explained that Bitcoin\u2019s decentralization is key to this interest as people want a form of money that governments can\u2019t control.<\/span><\/p>\n According to him:<\/span><\/p>\n There\u2019s enormous interest around the world, and to be able to have something you can transfer without having the government knowing about it, and keep it private. You can say people shouldn\u2019t do that, but that\u2019s not going to stop people from doing it.<\/span><\/p><\/blockquote>\n <\/p>\n Rubenstein also noted that people who once mocked BTC and other cryptocurrencies might begin to have second thoughts following BlackRock\u2019s application for a Spot Bitcoin exchange-traded fund (ETF).<\/span><\/p>\n \u201cWhat\u2019s happened is people made fun of bitcoin and other cryptocurrencies, but now the establishment, Larry Fink at BlackRock, is now saying they\u2019re going to have an ETF if approved by the government in bitcoin,\u201d Rubenstein told Bloomberg. \u201cSo you\u2019re saying wait a second, the mighty BlackRock is willing to have an ETF in bitcoin, maybe bitcoin is going to be around for a while.\u201d<\/span><\/p>\n The billionaire investor\u2019s sentiments echo that of Galaxy Digital CEO Mike Novogratz, who <\/span>mentioned<\/span><\/a>, during an interview on Bloomberg TV with David Rubenstein, that BlackRock\u2019s CEO Larry Fink\u2019s change of heart was the \u201cmost important thing that happened this year in Bitcoin.\u201d<\/span><\/p>\n \u201cHe [Larry Fink] got \u2018orange-pilled. Larry was a nonbeliever. Now he says, \u2018Hey, this is going to be a global currency.\u2019 People around the world all trust it,\u201d he said.<\/span><\/p>\n Larry, who had once referred to BTC as \u201can index of money laundering,\u201d said in a July 5 <\/span>interview<\/span> with Fox Business that Bitcoin could revolutionize the financial industry as it could be used as a hedge against inflation instead of traditional gold<\/a>.\u00a0<\/span><\/p>\nBitcoin Is Here To Stay<\/h2>\n
BTC price rocks up to $29,873 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
BlackRock Is Key To All Of It<\/h2>\n