American businessman, billionaire and investor David Rubenstein believes that cryptocurrencies will remain in the financial market for a long time, as will gold. During the Squawk Box program on CNBC, Rubenstein revealed that he himself did not personally buy cryptocurrencies directly.
More than half of Australians surveyed by the Finder site believe that Bitcoin was created by Tesla founder Elon Musk. Respondents also expressed interest in buying cryptocurrencies. According to The Australian, 1,004 Australians took part in the Finder poll.
SkyBridge Capital founder Anthony Scaramucci believes that the popularity of altcoins does not prevent Bitcoin from maintaining its dominance in the cryptocurrency market. At the same time, the Bitcoin dominance index continues to be held at about 40%. According to Anthony Scaramucci, many investors still find it difficult to convince them to pay attention to Bitcoin.
Former hedge fund manager and billionaire Stanley Druckenmiller believes the US dollar could be replaced by a distributed ledger system. During an interview on CNBC, Druckenmiller noted that the "smart guys" at MIT or Stanford could come up with a "distributed ledger system" that would replace the US dollar around the world.
Miami Mayor Francis Suarez believes the widespread adoption of Bitcoin will make it difficult for regulators to impose severe restrictions on cryptocurrency firms and the digital asset industry. Speaking at the Ethereal Summit, Suarez said that it will be difficult for the US authorities to control the activities of firms working with digital assets, even if the necessary changes to the legislation are made.
JPMorgan CEO Jamie Dimon said he remains skeptical about Bitcoin despite the growing interest of the bank's clients in the crypto asset. Speaking at a summit hosted by the Wall Street Journal, Daimon said he hasn't softened his stance on the first cryptocurrency. He previously compared Bitcoin to tulip rush and was ready to fire any JPMorgan employee caught in cryptocurrency trading.
Analysts at the American investment bank JPMorgan believe that Bitcoin can compete with gold as a store of value but will give way to Ethereum in the long term. According to JPMorgan, the difference between BTC and ETH is that at this stage, Bitcoin is more likely to be categorized as "consumer goods."
Luxembourg Prime Minister Xavier Bettel said that the country intends to create conditions for the implementation of blockchain and cryptocurrencies, as it considers these industries to be promising. Speaking at the Luxembourg Blockchain Week conference, Bettel said the Luxembourg government will continue to "pave the way" for the development of innovative technologies in the country.
Billionaire Bill Miller, who has previously spoken out in favor of cryptocurrencies, said that he sees no signs of a "bubble" in Bitcoin and expects the rate of the first cryptocurrency to continue to rise. During an interview on CNBC's "The Exchange", Miller noted that despite the recent rally in BTC and the subsequent pullback, demand for the first cryptocurrency is outstripping supply.
For the first time, the central bank of China recognized cryptocurrencies as an asset - Deputy Governor of the People's Bank of China (PBC) Li Bo called them an alternative investment asset.
The CEO of cryptocurrency exchange Kraken Jesse Powell believes that US regulators may try to "repress" the digital asset industry. In an interview on CNBC, Powell said that the growth of the cryptocurrency market is attracting a lot of attention, including from regulators.
SEC Commissioner Esther Pearce said it would be difficult for governments to ban Bitcoin. If the regulators really decide to do this, they will do something stupid. The Commissioner of the US Securities and Exchange Commission (SEC) said this during an online conference on investments in cryptocurrencies.
John Danielsson argues that Bitcoin's continued growth will cause serious inequality in society and lead to a dystopian future. An economist at one of London's leading universities said that if Bitcoin and other cryptocurrencies continue to rise in price, inequality in society will increase. Director of the Center for Systemic Risk at the London School of Economics, Jon Danielsson, published a column for the VoxEU Center for Economic and Policy Research titled "What Happens If Bitcoin Succeeds?"
Analysts at investment bank RBC Capital Markets believe that after launching its own cryptocurrency exchange, Apple will be able to earn more than $ 40 billion a year.
Billionaire and Miller Value Partners founder Bill Miller has once again come out in support of Bitcoin. He also talked about the reasons for buying bonds from MicroStrategy.
In a Q4 2020 report to Miller Value Partners, the founder of the firm said 0.75% of its assets were invested in convertible bonds of MicroStrategy. This company has invested over $ 1 billion in Bitcoin.
Guggenheim Partners' chief investment officer Scott Minerd confirmed his forecast for Bitcoin at $400,000, but warned of a possible correction in BTC.
Scott Minerd noted that the market situation is likely to develop similar to the situation after the Spanish flu in 1918. Then, after the end of the epidemic, the economy began to develop rapidly. Although the epidemic affected the market, it did not affect gold prices.
New US President Joe Biden may appoint former CFTC chairman Gary Gensler, who is well versed in the cryptocurrency industry, as SEC chairman.
US President-elect Joe Biden plans to appoint Gary Gensler as chairman of the US Securities and Exchange Commission (SEC), according to a Reuters publication citing two anonymous sources familiar with the matter. Gensler was chairman of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014.
Major American investor and fund manager Bill Miller spoke again about Bitcoin and said that as the price of BTC rises, the associated risks will decrease.
In an interview on CNBC, Bill Miller commented on the rise of Bitcoin and expressed his attitude towards the first cryptocurrency:
"One of the things that's interesting about Bitcoin is that it gets less risky the higher it goes," Miller told CNBC Friday. "That's the opposite of what happens with most stocks."
