Kitco News, Released on 5/26/21
For Part 2 of this interview, CLICK HERE
Kevin O’Leary, chairman of O’Shares ETFs and star of Shark Tank, discusses what’s needed for institutional money to flood into bitcoin with Michelle Makori, editor-in-chief of Kitco News. O’Leary also explains why the crypto puck is headed to DeFi.
0:00 – Bitcoin & ESG
6:27 – Existential threats to Bitcoin
9:30 – Government Intervention
15:22 – Target Price for Bitcoin
19:10 – Decentralized Finance
Kevin O’Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money managers and founded his own mutual fund company, O’Leary Funds. He raised hundreds of millions of dollars from investors who share his “get paid while you wait” yield oriented, value investing philosophy. He is a venture capitalist on the Canadian television show Dragons’ Den as well as a shark on the United States’ version of Dragons’ Den, Shark Tank, which airs on ABC. Kevin has authored 2 books: Cold Hard Truth: On Business, Money & Life and The Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.