Billionaire Orlando Bravo Invests in Bitcoin, Says Crypto Is Here To Stay

Orlando Bravo– private equity firm owner and multi-billionaire– is highly supportive of cryptocurrency. He recently discussed what makes the asset class so unique and why he has personally invested in Bitcoin. Bravo on Bitcoin: "I'm Very Bullish" Bravo expressed his faith in cryptocurrency in a recent interview with CNBC. He says that it's "absolutely" here to stay and praises it as a way to dodge high inflation and transaction fees. How could you not love crypto? Look at the movement. Aren’t…

Indian Billionaire Implores The Country’s Regulators To Ban Bitcoin

Rakesh Jhunjhunwala, an Indian billionaire investor and partner in the asset management firm, Rare Enterprises, has called on its financial regulators to place a ban on cryptocurrencies, especially bitcoin. A Speculative Investment According to a CNBC report on Tuesday, Jhunjhunwala said that crypto trading is the highest form of speculative investment and that he had no intention of joining the trend. Popularly referred to as "India's Warren Buffet," Jhunjhunwala does not hide his dislike for the top cryptocurrency, bitcoin. He…