The Pomp Podcast

#1232 Billionaire SHOCKS TV Host With Bitcoin Knowledge

Aug 9, 2023
Billionaire David Rubenstein unveils his evolving views on Bitcoin, including BlackRock's plans for a Bitcoin ETF. Wall Street's interest and the profitability of Bitcoin are explored, with focus on its use as a payment system and store of value. The future of cryptocurrencies, regulatory challenges, and the impact of BlackRock's ETF application are discussed. The institutionalization and global adoption of Bitcoin are highlighted, emphasizing its role as a hedge against failing currencies and increasing involvement of influential investors in driving its growth.
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