Billionaire Karl Aikan has announced his readiness to invest up to $1.5 billion in the cryptocurrency market.
He especially likes Bitcoin and Ethereum.
In the near future, billionaire investor Carl Icahn can enter the market "on a large scale", having invested more than $1 billion.
In the past, the Bitcoin skeptic noted in an interview with Bloomberg that he looks at digital gold as a means of saving, and at Ethereum - including as a payment system.
Aikan said that he has not yet bought cryptocurrencies, but is studying Bitcoin, Ethereum and the cryptocurrency sector in general in search of opportunities. Alternative currencies are gaining popularity as a natural consequence of inflation in the economy. The dollar, in his opinion, "is valued only because they can pay taxes."
Most of the issued digital assets will eventually disappear, but in general" in one form or another "they will remain, the billionaire believes. In his opinion, the interest in cryptocurrencies is due, among other things, to inflated prices on the stock market.
According to Forbes, the fortune of 85-year-old Aikan, who served as an adviser in the administration of Donald Trump, is $15.6 billion. In 2018, in a conversation with CNBC, he called cryptocurrencies "ridiculous" and admitted that he might be too old for them.
Recently, the founder of Bridgewater Associates, Ray Dalio, said that he invested in Bitcoin. According to him, the reason for this decision was the depreciation of the US Dollar, which creates attractive conditions for investing in cryptocurrency.
However, many major financiers are still extremely negative about bitcoin. For example, DoubleLine CEO Jeffrey Gundlach believes that BTC is a speculative tool. According to this billionaire, the cryptocurrency is an ordinary casino.