Billionaire Carl Icahn plans to invest over $ 1 billion in cryptocurrencies

American billionaire Carl Icahn is ready “big” invest in the cryptocurrency market.

Previously skepticalIcahn related to cryptocurrencies became interested in their potential. The investor said that he plans to invest at least $ 1 billion in BTC and ETH.

In an interview with Bloomberg, he said:

And although most current cryptocurrencies are simplydisappear, the very idea of ​​cryptocurrency will remain with us for a long time. It's worth asking – what is the value of a dollar? Its only use – this is an opportunity to pay taxes.

Icahn plans to buy cryptocurrency through hisinvestment conglomerate Icahn Enterprises. At the moment, the billionaire is exploring the potential of Bitcoin and Ethereum. In his opinion, the first cryptocurrency is more suitable for preserving value, and ETH is more suitable for ensuring the stable operation of the payment system.

Icahn – is an investor and advisor to the formerUS President Donald Trump. Forbes estimates his fortune at $15.6 billion. In 2018, he stated that cryptocurrencies are “ridiculous” and they are not worth wasting your time on.

Subscribe to ForkNews on Telegram to stay updated on news from the world of cryptocurrencies