Kevin O’Leary: “If This Happens, Money Will Flow Into Bitcoin!”

In his statements at the beginning of 2022, Bitcoin (BTC) mining Announcing that it has plans to invest in the field Canadian businessman Kevin O’Leary He spoke at the Bitcoin 2022 Conference held in Miami.

Bitcoin Mining Will Save The World!

O’Leary, who has made a name for himself with crypto money investments, “Bitcoin mining will save the world” said.

criticized for consuming large amounts of energy for a long time bitcoin He said that as more renewable energy is used in mining, Bitcoin miners will save the world.

“The next generation of Bitcoin mining devices and software presented here are starting to run on carbon-free energy.

The impulse to produce Bitcoin is so economical in value that they will continue to produce Bitcoin and finance the next generation of machines and turbines.”

More Regulatory Clarity Needed!

Kevin O’Leary, as well as Bitcoin mining bitcoin and cryptocurrencies He said more regulatory clarity is needed for adoption by more financial institutions.

“What we’re missing is politics. As we achieve greater regulatory clarity in the cryptocurrency space, we will see capital flow into the cryptocurrency industry in a way you have never seen before.”

Stablecoins: The Fastest Growing Asset Class After Bitcoin!

Speaking about stablecoins, the famous businessman emphasized the importance of stablecoins in the USA. “One of the fastest growing asset classes outside of Bitcoin” He said he saw it as

US politicians stablecoins He called on people to work on the issue and said:

“If US politicians don’t embrace stablecoins, other countries will, and they will have enormous power around the world.

But stablecoins could become the world’s reserve currency if backed by the US dollar.

In this context, why would we want to give it to another country? Why should we abandon this innovation?”

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Our Android AppStart live price tracking now by downloading !


source site-5