“Multiple equities, multiple tokens, multiple coins, multiple blockchains,” O’Leary said on CoinDesk TV. “I own so many of them.” Opinion by danielgkuhn for The Node newsletter.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullO’Leary, 67 and born in Canada, has made a career out of investing. But it’s not just his job, it’s his persona. He’s “Mr. Wonderful”. He’s a shark who invests in cupcake companies. He’s the guy who calls it as he sees it: Investments either win or lose. It’s that “binary.
Although spread wide, O’Leary says these investments are not random. Drawing a comparison to Microsoft and Google, he views cryptocurrencies as “productivity software.” Bitcoin is not a coin, there’s no physical counterpart, it’s code, he said. Likewise for tools like Polygon, which is trying to bolster Ethereum’s lackluster throughput. He doesn’t “play” with meme coins, favoring “real productivity.
That’s a fine statement for a millionaire to make, but probably unrealistic for the many everyday people looking to bet on crypto. But it’s consistent with Mr. Wonderful’s view of the industry. Among crypto fanatics there’s a large emphasis on bitcoin being a tool of. Bitcoiners advocate self-reliance, self-custody and the self-management of time horizons.
Indeed, as O’Leary notes, “the smartest hands over the keyboard now are in crypto.” Venture and regular old capitalists have plowed “billions of dollars” into crypto the past two years.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ethereum Is Worth Investing in as Software: Shark Tank's Kevin O'LearyICYMI: Shark Tank co-host Kevin O'Leary compares Ethereum to Google, Microsoft, and Amazon, and shares how much cryptocurrency he owns $ETH
Weiterlesen »
Kevin McCarthy already planning retribution after midterm races.MaddowBlog: Rep. McCarthy is making plans to use future power to punish House Democrats he doesn't like. This GOP scheme will not end well.
Weiterlesen »
Kevin Bacon shares shirtless throwback ‘selfie’ with wife Kyra SedgwickThe couple of more than 30 years cuddled up in their swimsuits in a sweet undated snap that the “Footloose” star shared to Instagram.
Weiterlesen »
Kevin Smith Wrote a Death of Superman Script for Ben AffleckThe Clerks director talks about his vision for a Superman movie which never took place.
Weiterlesen »
Cleveland-Based Kevin Mazey’s Dimension Releases New Jazz/Rock AlbumLed by local keyboardist Kevin Mazey, Kevin Mazey’s Dimension recently released Hear and Now, a jazz/rock album that features musicians from Northeast Ohio, including two who...
Weiterlesen »
Kevin Hart didn’t invest in this 'Shark Tank' company because of his own past 'mistakes'Kevin Hart rejected a pitch from a celebrity meet-and-greet network, saying that endorsements don't ensure profitability.
Weiterlesen »