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“Crypto Is Here To Stay”: Carl Icahn Wants Up To $1.5 Billion In Crypto Exposure, Prefers Ethereum

With the likes of JPMorgan and Goldman jumping on the crypto train (favoring Ethereum over Bitcoin), yet another one of the world’s most legendary investors has became bullish on the space (adding to Loeb, Dalio and Druckenmiller, while Munger and his Omaha homie likely never will).

On Thursday, Carl Icahn told Bloomberg Markets‘ Taylor Riggs that while he doesn’t own any digital currencies, his firm might get involved in a “relatively big way,” adding “Crypto is here to stay in one form or another.

I think a natural manifestation of this inflation,” said Dalio, adding “it’s not yet there – but you had it in the 70s, and what’s gonna happen if you have that is, [people are] going be for looking for other stores of value outside the dollar. We are the resereve currency now, but if you keep printing money, it’s not going to be there.”

When asked if he sees crypto as a store of value or more of a payment system, or the ‘underlying blockchain’ as is the case with Ethereum, Icahn replied:

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