Bitcoin Keeps Its Value According To David Rubenstein

The recent rise in cryptocurrencies attracts the attention of investors. An important statement came from the billionaire investor David Rubenstein on Bitcoin.

While billionaire investor David Rubenstein stated that Bitcoin will not disappear, he also explained the reasons behind this situation. He emphasized that the continued massive popularity of the cryptocurrency is proof that it has not disappeared. David Rubenstein used the following statements in his statement:

There is great interest around the world. This is an asset that you can transfer and keep private without the government’s knowledge. You might say people shouldn’t use it, but that doesn’t mean they won’t go that route.

Rubenstein, co-founder of private equity giant The Carlyle Group, also expressed that he had not invested in Bitcoin, but stated that it was not a mistake. Cryptocurrencies are gaining a lot of attention around the world due to their privacy and decentralized nature. Rubenstein’s statements reflect his view that Bitcoin and other cryptocurrencies could be permanent in the financial world. The limited government control over this technology is considered an attractive feature for many investors and users. Finally, these views of Rubenstein confirm the widely held belief that cryptocurrencies can be an important future financial instrument.