Carlyle Group co-founder David Rubenstein talked crypto two days in a row on Bloomberg. On August 8th he said BitCoin is not going away on Bloomberg Wealth: CoinDesk ran a piece on the interview:
“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 able to move it around rightly or wrongly and so I don’t think bitcoin is going away,” he said during an appearance on Bloomberg TV Tuesday.
"In the excitement of building this crypto industry we attracted a lot of frauds, bad actors, criminals..."Galaxy lost money it held within FTX's exchange. He "never assumed he was dealing with a sociopath" when interacting with FTX CEO Sam Bankman-Fried.
Doesn't that tell you everything you need to know about Bitcoin and the elite involvement? They don't want to be controlled. They're out of control.
They control both sides of the political aisle, the White House, the Supreme Court and set the legislative agenda . . And we tolerate this . . Being sold as freedom. .
They should shut down all their loopholes, close all the tax havens, be sanctioned. They are the traitors, pushing their desires to the detriment of our country All made possible by the Fed channeling money to the inside circle
Hear hear! Bravo for calling out the lot, not just a legendary PEU founder and the elder statesman of crypto.
Update: John Reed Stark of JRS Consulting revealed how the SEC protects investors from crypto self-dealing on his Twitter feed.
...the SEC's crypto-enforcement sweep will never end -- because, as explained below, the SEC's threefold mission (to protect investors; to maintain fair, orderly and efficient markets; and to facilitate capital formation) is far too critical for the SEC to relent.
The SEC is protecting investors from Novogratz and Rubenstein's conflict of interests.