‘Master’ of Alternative Investments Doesn't Have a Clue About Bitcoin

2019-9-18 00:42

Blackstone head honcho Stephen Schwarzman is rich. Really rich. The man who was, once upon a time, lauded as the “Master of the Alternative Universe” built his empire by taking risks. Over the years, the billionaire CEO has traded in a wide variety of businesses including a casino, a marine theme park, and even a […] The post ‘Master’ of Alternative Investments Doesn't Have a Clue About Bitcoin appeared first on CCN.com

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Bitcoin’s Case ‘Inadvertently’ Advertised By Blackstone Boss

The CEO of the world’s biggest alternative investment firm has unwittingly endorsed bitcoin after suggesting it is a natural tool to avoid government control. Schwarzman: I Don’t Understand Bitcoin In an interview with Fortune on September 17, Blackstone chief Steve Schwarzman acknowledged that governments “need” and “want” to exert influence on their national fiat currencies.