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Legendary American businessman Carl Icahn has apparently changed his position on cryptocurrencies. With these economic circumstances, investors are looking for new stores of value outside the United States dollar. The legendary investor was able to provide a unique point of view, often not heard from someone in traditional finances.

He said:. Ethereum is the underlying blockchain. So, Ethereum has two things you can use it as a payment system you can use the store of value. So, you need Ethereum, the blockchain, to assure you that you have something.

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Although he pointed out that calling it a company was not accurate. He seemed more bullish on Ethereum and, as a final thought, said that it is unlikely that all cryptocurrencies will survive. This has led many to speculate on the possibility that Icahn might already be a crypto investor. Anonymous analyst MacroScope said the following on this possibility:. You will hear more when he has a full position…a lot more and very loudlyand that position will indeed be a full one.

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The monthly chart has a Source link. Save my name,and website in this browser for the next time I comment. Sharon D Send an May 27, 0 6 2 minutes read. Related Articles.

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South Korea to take action against unregistered crypto exchanges 3 hours ago. Decoupling ahead? Bitcoin and Ethereum may finally snap their month correlation 11 hours ago. Check Also. Close Search for.

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