The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Billionaire David Rubenstein Says Bitcoin Here To Stay As ‘Enormous Interest’ Spreads Around the World

by Mehron Rokhy
August 9, 2023
in Bitcoin, Regulators, Trading

Billionaire David Rubenstein says that Bitcoin (BTC) isn’t going anywhere now due to a wave of massive interest in the king crypto spread around the globe.

In a new interview with Bloomberg, the legendary investor and co-founder of financial services titan Carlyle Group says that interest in BTC and other prominent crypto assets is ramping up worldwide as consumers increasingly covet private transactions.

“There’s no doubt that when interest rates are as high as they are, you don’t need to have gold or other kinds of things to get you some solid return, because you get 5% on treasuries. But eventually [that] 5% will be coming down at some point.

I don’t think Bitcoin and other better-known cryptocurrencies are going to go away. There’s enormous interest around the world in being able to have something you can transfer without the government knowing about it and keeping it private. You can say that people shouldn’t do that, but that’s not going to stop people from doing it.”

According to Rubenstein, even though there is a divide in opinion on crypto among US officials, the rest of the world is becoming more and more open minded. He says people have a strong desire for an alternative currency outside the purview of governments.

“I think Democrats in Congress and particularly the people regulating, the SEC, are skeptical of Bitcoin and other cryptocurrencies. But outside the United States, there’s a lot of interest in it. I think FTX really hurt when it went bankrupt…

But a lot of people around the world want to be able to trade in a currency that their government can’t know what they have and they want to be moving [it] around, rightly or wrongly. And so I don’t think Bitcoin is going away. I think the Republicans on Capitol Hill have been pretty supportive of it.”

The SEC currently has pending lawsuits against Coinbase and Binance, two of the largest crypto exchanges in the world, on allegations that the platforms have been selling unregistered securities.

Bitcoin is trading for $29,735 at time of writing, a fractional increase during the last 24 hours.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Amin Zeinoddini/Sensvector

Submit a Press Release

Industry Announcements

  • PlayW3 Unleashes ‘Be the Boss,’ a New On-Chain Business Model That Turns Creators Into Owners – Over $320,000 Already Paid Out
    July 17, 2025
  • Streamex (BSGM) CEO Henry McPhie Highlights BSGM Merger and RWA Tokenization Strategy in Live TV Interview
    July 17, 2025
  • Numerai Announces $1 Million Strategic Buyback of NMR
    July 17, 2025
  • Bit Origin Secures $500 Million Equity and Debt Facilities To Launch Dogecoin Treasury
    July 17, 2025
  • Supra Unveils Real-Time Macro-Economic Data Feeds To Enhance On-Chain Trading
    July 17, 2025
  • Aster Launches 24/7 Stock Perpetual Contracts Trading With Exposure to US Equities
    July 16, 2025
  • The Sandbox Launches Largest LAND Sale to Date on GBM Auctions
    July 16, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$119,901.12
$119,901.12
1.02%
Ethereum
$3,473.19
$3,473.19
3.36%
BNB
$723.06
$723.06
1.77%
Solana
$176.22
$176.22
1.43%
XRP
$3.49
$3.49
14.47%

Spotlight

  • Best-Selling Author Ric Edelman Doubles Down on $500,000 Bitcoin (BTC) Price Target As ‘Smart’ Investors Pile In
    July 10, 2025
  • Crypto Analyst Says One Top-10 Altcoin’s Chart Looks ‘Disgustingly Good,’ Updates Outlook on Bitcoin and Ethereum
    July 10, 2025
  • SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator
    July 10, 2025
  • Trader Predicts Mid-Cap Altcoin Could Explode 200%+ by August, Maps Path Forward for Dogecoin and Solana
    July 10, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl