Kevin O’Leary, also known as “Mr. Wonderful,” is a Canadian businessman, investor, author, television personality, and philanthropist.
He has appeared on several investment-themed television shows, including Shark Tank, Dragons’ Den, and The Lang and O’Leary Exchange. In April 2021, O’Leary announced that he had purchased $250 worth of Bitcoin. When asked about his investment, O’Leary stated:.
“I think it’s a great store of value. I think it’s a great way to move money around the world quickly and easily.”
O’Leary went on to say that he believes more and more people will begin using Bitcoin as a form of currency:
NOTE: WARNING: Please be aware that the opinions expressed by Kevin O’Leary on Bitcoin may not reflect the views of everyone. Any investments or decisions you make based on these opinions are done at your own risk and it is important to do your own research before making any decisions.
“I think we’re going to start seeing bitcoin be used more and more as a currency to move money around the world… I think it’s going to become more mainstream.”
When asked if he would invest more money in Bitcoin, O’Leary said:
“I would if the price was right… I’m not going to put my life savings into it because it is still a very volatile asset.”
Overall, Kevin O’Leary seems to believe that Bitcoin is a good investment and that it will become more mainstream in the future.
7 Related Question Answers Found
In an interview with CNBC, Kevin O’Leary, otherwise known as “Mr. Wonderful” from the television show Shark Tank, had a lot to say about Bitcoin. When asked if he would invest in Bitcoin, O’Leary said that he “wouldn’t touch it with a ten-foot pole.” He went on to say that Bitcoin is a ” speculative mania ” and that people are ” buying Bitcoin because they think they’re going to sell it to somebody else for more.”.
In an interview with Financial Times, Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, called Bitcoin “a real bubble”
Munger said that while he doesn’t own any Bitcoin, his son does, “to my shame.” He went on to say that he thinks the cryptocurrency is in a “real bubble,” and that people are buying it to make money, rather than using it as a means of exchange. While acknowledging that blockchain technology is “brilliant,” Munger said he doesn’t understand why Bitcoin should be worth anything. “It doesn’t produce anything. You can stare at it all day and no little Bitcoins come out,” he said. .
In an interview with CNBC, Bill Gates said he was “not a fan” of Bitcoin and other cryptocurrencies. He called them “an asset class where the rules are not well understood” and said they are “kind of a pure ‘greater fool theory’ type of investment.”
Gates went on to say that he thinks there is a “good chance” that cryptocurrencies will come to a bad end. He compared investing in Bitcoin to investing in gold, saying that both assets are not productive and are only worth what people are willing to pay for them.
Charlie Munger, the Vice Chairman of Berkshire Hathaway, doesn’t think much of Bitcoin. In fact, he thinks it’s downright dangerous. Munger made his views on Bitcoin clear at the recent Daily Journal Corporation meeting, where he said that the cryptocurrency is “worthless artificial gold.”
He went on to say that Bitcoin is “totally asinine” and that people who invest in it are “speculators” who are “dumb.”
While Munger may be a bit of a curmudgeon when it comes to Bitcoin, he does have a point.
On Tuesday, March 3, 2020, at 8:30 a.m. Kevin O’Leary, the Canadian businessman and television personality, appeared on CNBC’s “Squawk Box” to talk about the current state of the stock market amid the coronavirus outbreak. During the interview, O’Leary said that he had bought some Bitcoin (BTC) the night before.
“I bought it last night just because I think we are in a deflationary spiral,” O’Leary said. “I don’t know where else to put my money.”
This is not the first time O’Leary has spoken about Bitcoin on CNBC.
Bill Gates has been a long-time advocate for cryptocurrency and blockchain technology. In a recent interview, he even went so far as to say that Bitcoin is “better than currency.
” Here’s what Gates had to say about Bitcoin, cryptocurrency, and blockchain technology.
“Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient,” Gates told CNBC. Gates went on to say that the main advantage of Bitcoin is its anonymity. “The main feature of crypto currencies is their anonymity.
When it comes to cryptocurrency, McAfee is a true believer. He has been an active promoter of Bitcoin and other digital currencies for years. In fact, he even accepts Bitcoin as payment for his cyber security services.
