Carl Icahn Says He May Get Into Cryptocurrencies in a ‘Big Way’

Discussion in 'Crypto Assets' started by johnarb, May 26, 2021.

  1. johnarb

    johnarb

    https://www.bloomberg.com/news/arti...he-may-get-into-cryptocurrencies-in-a-big-way

    Carl Icahn Says He May Get Into Cryptocurrencies in a ‘Big Way’
    By
    Scott Deveau
    May 26, 2021, 1:50 PM PDT

    Icahn on Cryptos: 'There Could Be Something to It'

    Billionaire investor Carl Icahn, CEO of Icahn Capital, says he doesn’t own any cryptocurrencies right now. He speaks during an interview on “Bloomberg

    Activist investor Carl Icahn is interested in getting into cryptocurrency in a “big way,” and may eventually put more than $1 billion into an alternative currency.

    While Icahn hasn’t bought any cryptocurrency yet, the billionaire investor said in a Bloomberg TV interview that he studies Bitcoin, Ethereum and the crypto sector as a whole to determine where the opportunities are. Alternative currencies are gaining popularity as a natural manifestation of inflation in the economy, he added.

    Any criticism around cryptocurrency having no underlying value is a “little wrong-headed,” Icahn said.

    “Well, what’s the value of a dollar? The only value of the dollar is because you can use it to pay taxes,” he said. “I’m looking at the whole business, and how I might get involved in it.”

    Icahn also said he believes people are looking at alternative currencies because parts of the equities market are being traded at “ridiculous prices.” He referred not only to those being driven up as so-called meme stocks, but also certain strategies being offered by money managers.

    “I don’t think Reddit and Robinhood and those guys are necessarily bad, I think they do serve a purpose,” Icahn said. “Money is funneling back into companies. Some of these companies might be OK, but a number of them, the risk-reward is absurd.”
     
    jys78, Trader Curt, BKR88 and 2 others like this.
  2. Damn. If there is one dude that I think knows his shit pretty good, its Icahn. Guess I was wrong about cryptos lol.
     
  3. RedDuke

    RedDuke

    He might get in the big way. Like joining BitFinex or trying to form his own. :D he ain’t buying BTC or dodge
     
  4. ^^^^^ Good point. I gotta look into making my own. Seriously. DeeseSaltyNuts coin. Who the fuk wouldn't want to buy some of that brilliant shit???
     
    Nobert and johnarb like this.
  5. RedDuke

    RedDuke

    Want to partner ? I am seriously thinking to join this racket.
     
    johnarb likes this.

  6. In like flynn. Let's come up with some awesome name. I start doing some reading about cryptos and how to start them. We are going to freaking BLOW UP the space, I GUARANTEE it...
     
  7. RedDuke

    RedDuke

    Ideas ???
     

  8. Not yet RedDuke, I'm still brainstorming, and need to do a lot of research since I know almost nothing about cryptos, blockchain, or any of that other goofy stuff. But I'll be back at ya, rest assured! Be thinking of a cool name for our coin. Lets set the world on FIRE!!!!
     
  9. RedDuke, just had a name thought for our coin - what do you think of:

    PureAlpha

    Alpha in the sense that it will gain value against the other coins, AND ALSO in the sense that its for alphamales?

    Just a thought, I've got lots more where that came from lol.
     
  10. I would buy IcahnCoin when he is ready
     
    #10     May 27, 2021