Billionaire’s Belief in Bitcoin’s Bright Future: Revisiting Skepticism amidst Institutional Embrace

David Rubenstein, billionaire and co-chairman of Carlyle Group, recently expressed his belief that Bitcoin is here to stay, largely due to increasing institutional interest. He uses BlackRock’s plans to introduce a Bitcoin ETF as a primary example, suggesting the growing attention towards cryptocurrencies may lead sceptics to reconsider their stance.