Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says regulatory policy toward cryptocurrencies will be on hold until the next general election due to the “gridlock in Washington.” Bitcoin is worth less than a trillion dollars, “which is nothing in the context of assets,” and in order for that to increase, the SEC and regulators need to rule in order for institutions to get involved, he tells our Daniela Cambone at the Bitcoin 2022 conference in Miami. The current bill being proposed, “would bring billions of dollars into the balance sheets of corporations,” O’Leary continues. He issues a dire warning about ESG policies, and asserts that the “carbon offset market is complete BS.” The new generation of crypto miners emerging will survive by using, “hydroelectricity and nuclear power,” he believes. Proof of work on how you mine cryptocurrency resources is going to, “drive efficiency in energy sources,” he concludes.
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Timestamps:
0:00 How does this year’s Bitcoin 2022 conference looks like
2:12 O’Leary’s thoughts on Biden’s executive order on crypto
3:34 Will there be a major crackdown on crypto?
5:11 How far away are we from having a digital dollar?
6:37 What is the best bitcoin play? ETF? Miners? Pure bitcoins?
7:58 What’s going to happen on the miner front?
8:32 What made O’Leary change his mind about crypto?
9:40 How does O’Leary choose which crypto to go into?
10:28 Is there a “next bitcoin?”
11:32 What will be a big adoption in crypto this year?
13:13 O’Leary’s messages regarding the future of crypto
35 Comments
Just say it already, Kevin! XRP and XLM!
Proof or work doesn’t work ………
As soon as I heard the intro I excitedly checked the markets to see how much gold gained today only to find it is still well below $2k. You fooled me Daniella, you fooled me.
They the government cant keep their hands off our hard earned money. Tge already tax our fuel, gas, food, and property which is illegal.
Who cares what this sleeze says.
He bragged every ceo he has is a women ?
Thats messed up.
Pushes his agenda and then dumps his positions.
The fact that they want to regulate it is scary.
Entrepreneur ship was great when the country was 60% unionized where unions labor who made them rich got their fair share vs today the American non union worker is treated like slaves and get bread crumbs…i say raise their tax to 50% unless they provide fair wages and benefits.
Tired of so many people collecting government handouts like food stamps, free lunch at school, rent subsidies, pell grants, etc. because entrepreneurs do not pay them enough these days without union support
That dude's a snake. There's no need to "address ESG issue" – Bitcoin is already the greenest industry on the planet. Don't listen to that liar.
Down to earth interview.
The kiss at the end.❤
FJB
Me thinketh so much talk from so many experts and then we have the few with their tried., tested and consistent………… results!@!?😝🤪😜😎
< Love this channel, thank u for getting me ahead forever indebted. But I have to at least recommend you guys take a look at Pulsechain & Richard Heart Either way keep doing what y’all doing. I watched u guys all the time because you guys changed my direction in life.<I've learned from you and other Youtubrs especially Jeffrey Allyn Hawkins, who taught me how to make trade and increase my portfolio from 5 to 17 btc that no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research.
Right wing nut job.
Taxing unrealized capital gains is insane!
Your more frequent uploads have made this my go to channel for news with a splash of entertainment at the start.. Keep it up!!! A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Hilary Blust got me cover as I am comfortably making 6.1B T C weekly.
This is a fantasy. They are going to produce a U.S. backed digital dollar. Once that happens they will just not allow buying bitcoin or anything they don't want to happen.
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PoS solves the ESG issues
Unrealized tax gains will ruin the economy for good, if you thought it was hard to get ahead before with everyone's hands in your pockets just wait.
< I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Marcus Bryan..
Thank you for mentioning Hedera Daniela ❤️
Buy more fools gold, the banks and governments will own you. You wil own nothing and will be happy!
<Great info and insight as always. It's kind of irresponsible to ignore the fact that each ETF launch and geopolitical issues so far has caused a major dump at the peaks of cryptos {BTC}. A lot has changed and that's on everything but the truth is I don't even care if the market is bearish or Bullish because Feven Lena got me covered as I have made over 11BTC when i started at 5btc implementing her daily signals, strategy, insights and guidance on my trades.❤✔💕
10:29 Quant network has entered the chat
If you know, you know😏
✨🌎 Got Worldwide Economic/ Monetary System Collapses⁉️~ BitCoin Fixes That 👍
Another Bitcoin pumper , hard pass.
Most cryptos might be Ponzi schemes like Hex.
"decimated after midterms". you right about that, Kevin.
So, no talk of Ripple Xrp hahaha 😆🤣😜🙄😂😉urr duuuh !
Bitcoin using renewables still wont be good enough for the climate zealots as they will just say that power should be used for others things.
Kevin is a Bulls###
Artist what he didnt
Explain these Top earners are involved
Bigtime in Money
Laundering and hope the Government hits them in the nuts.
When Bitcoin gets down to 20,000 I may consider buying it.