The billionaire said that crypto has been gaining importance amid the current geopolitical situation.
The Crypto market has entered a correction as of now with Bitcoin and Ether slipping under crucial support levels.
The Carlyle Group co-founder and billionaire investor David Rubenstein have put his views on cryptocurrencies once again. Referring to the current state of digital assets, he said that the “genie is out of the bottle”.
While speaking at the “Invest Like the Best” podcast, Rebuenstein said: “I have not bought cryptocurrencies, but I have bought companies that service the industry, because I think the genie is out of the bottle, and I don’t think the industry’s going to go away any time soon”.
Time and again cryptocurrencies have proved their mettle emerging as an important part of the global financial system. Rebuenstein was “skeptical of crypto in the beginning” saying that there was no underlying value to Bitcoin and other digital assets. However, h
