Podcasts: Investing in Bitcoin with Kevin O'Leary đ 3 years ago
- Category: Podcasts | Bitcoin Magazine Podcast
- Author(s): BTC Media
- Published: 22nd June 2021 20:00
In recent months, conversations about the environmental impact of bitcoin have risen to national prominence. In this Bitcoin Magazine Podcast, hosts David Zell and Matt Odell sat down with famed Shark Tank investor, Kevin OâLeary. OâLeary had previously called bitcoins mined using fossil fuels âblood coinsâ and suggested that these coins and bitcoins mined with renewable energy may trade at different prices. In this interview, Mr. Wonderful walked back some of these positions, arguing that green mining will simply rise to meet growing demand.
Nonetheless, Kevinâs conversations with institutional investors have lead him to a stark conclusionâfirms are increasingly bound by ESG standards, and major money is waiting on the sidelines to invest in bitcoin once these standards are met. Zell and Odell talk with Kevin about what this may look like as well as the broader landscape of institutional investment. OâLeary announced for the first time that he is looking to increase his bitcoin allocation from 3% to 5% and discussed his investments in the bitcoin ecosystem. This was a great conversation, and you wonât want to miss it.