Cryptocurrency here to stay, says billionaire David Rubenstein

Billionaire David Rubenstein, in a recent podcast, confirmed that he has changed his stance to be positive on cryptocurrency, especially after the recent shift in geopolitics since the Russia-Ukraine war. The co-founder and co-chairman of the private equity firm The Carlisle Group believes cryptocurrencies have a major role in the global economy especially since they are free from any kind of governmental control.

“It’s clear to me now that many younger people don’t think there’s much underlying the dollar or the euro or other currencies,” he added.