RATE Group | What Do the Richest Men in the World Think of Crypto and Blockchain?
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What Do the Richest Men in the World Think of Crypto and Blockchain?

What Do the Richest Men in the World Think of Crypto and Blockchain?

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For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain technology and cryptocurrencies are set to revolutionize many industries, yet this is only the beginning.

However, despite the overall enthusiasm and excitement around cryptocurrencies and blockchain technology’s capacity to revolutionize the world as we know it, many of the world’s richest men have expressed mixed opinions.

For instance, some billionaires, like Warren Buffett, are known to be staunch Bitcoin critics while others, like Tim Draper, are avid supporters. In 2018, for instance, Buffett predicted that Bitcoin, in particular, will have a “bad ending.”

On the other hand, billionaire investors like Tim Draper, Michael Novogratz and David Marcus have maintained a bullish stance on cryptocurrencies and blockchain technology. Here is Forbes’s list…

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