Kevin O’Leary of Shark Tank predicted that Bitcoin will become the world reserve currency in his post on his Twitter account.
In early 2019, O’Leary described Bitcoin as “garbage” and harshly criticized it. However, later on, his perspective completely changed.
Canadian entrepreneur now claims that Bitcoin could potentially “save the world”.
O’Leary recently announced that he has allocated 20% of his portfolio to cryptocurrencies and blockchains.
Entrepreneur hopes that Bitcoin mining will be more sustainable in the future. It also expects hydroelectric and nuclear power to be the main power source for mining.
O’Leary is also a big proponent of crypto regulation. The entrepreneur highlights the importance of making the crypto industry legitimate.
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