Crypto Skeptics Turn Believers: How Big Names Are Embracing Crypto
It seems like just yesterday that crypto was considered a risky gamble, with many high-profile figures voicing their doubts. But times have changed, and the crypto landscape is evolving rapidly. Several prominent figures, who once dismissed Bitcoin and other crypto assets, are now embracing the technology and even investing in it.
From Trump to Cuban: A Shift in Perspective
- Donald Trump, who once called Bitcoin “very volatile and not based on anything,” is now a supporter of cryptocurrencies. He accepts Bitcoin for his campaign donations and has appointed a pro-crypto senator as his campaign vice president.
- Larry Fink, the CEO of BlackRock, who previously described Bitcoin as a “tool for money laundering,” now sees it as an asset class similar to gold, offering protection against inflation.
- Mark Cuban, who famously said he’d “rather have bananas than Bitcoin,” has invested in crypto projects like Polygon (MATIC) and Injective (INJ). He now believes Bitcoin could become a global currency.
- Kevin O’Leary, who once considered Bitcoin “garbage,” now allocates a significant portion of his portfolio to cryptocurrencies, calling Bitcoin “digital gold.”
- Andrew Tate, who initially claimed he would never invest in crypto, has launched his own meme coin, $DADDY, on the Solana chain.
These are just a few examples of how prominent figures are changing their tune on cryptocurrencies. While there’s still skepticism in some quarters, the growing acceptance of crypto from influential players is a sign of its increasing legitimacy and mainstream appeal.
