Despite the recent setbacks in the crypto industry, many are still hopeful for a better future outcome. In light of this, David Rubenstein has declared his profound support for the crypto industry. David Rubenstein is the co-founder of The Carlyle Group, a global equity investment company. Although many industries have been affected by the decline, Rubenstein thinks they will survive. Related Reading: The September Curse: Why Bitcoin Price May Touch $10,000 The American billionaire businessman said he is optimistic about the digital assets industry. Regardless of the crypto regulatory constraint, Rubenstein speculated that some blockchain industries would succeed in the future. He also elucidated the views of congress about the industry and his expectation for the regulation. The Rubenstein Crypto Prediction Besides being a crypto skeptic, the businessman is also a pro-crypto investor. The billionaire said on CNBC’s Squawk Box that he is still hopeful for the future of the crypto industries. He stated that things that do not usually conform to conventional wisdom prosper the most. In 2022, the crypto market started declining as investors worried about aggressive monetary policy tightening. This resulted in Bitcoin and Altcoins falling significantly from their all-time highs. Also, many digital assets are losing value due to the recent market selling pressure. Rubenstein claimed that he has invested in companies that serv...
