Whales’ opinions on the prospects of bitcoin are divided – ForTrader.org financial magazine

Billionaire Carl Icahn announced his readiness to invest up to $ 1.5 billion in the cryptocurrency market. He especially likes Bitcoin and Ethereum.

In the near future, billionaire investor Carl Icahn can enter the market “in a big way,” investing over $ 1 billion, writes forklog.

In the past, a bitcoin skeptic noted in an interview with Bloomberg that he views digital gold as a store of value and Ethereum as a payment system as well.

Icahn said that he has not bought cryptocurrencies yet, but is studying Bitcoin, Ethereum and the cryptocurrency sector in general in search of opportunities. Alternative currencies are gaining popularity as a natural consequence of inflation in the economy. The dollar, in his opinion, “is valued only because it can be paid taxes.”

Most of the issued digital assets will disappear over time, but in general, “in one form or another” they will remain, the billionaire believes. In his opinion, the interest in cryptocurrencies is due, among other things, to the inflated prices in the stock market.

According to Forbes, 85-year-old Icahn, who served as an adviser to the Donald Trump administration, is worth $ 15.6 billion. In 2018, in a conversation with CNBC, he called cryptocurrencies “ludicrous” and admitted that he might be too old for them.

We will remind, recently the founder of Bridgewater Associates Ray Dalio announced that he invested in bitcoin. According to him, the reason for this decision was the depreciation of the US dollar, which creates an attractive environment for investment in cryptocurrency.

However, many big financiers are still extremely negative about Bitcoin. For example, DoubleLine CEO Jeffrey Gundlach believes that BTC is a speculative instrument. According to this billionaire, cryptocurrency is a regular casino.

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