He further stated that he believes that the world really needs currencies like Bitcoin. However, his main doubts over investing anything from 1% to 2.5% of his portfolio into Bitcoin is the lack of support from the government. O’Leary also elaborated that, if regulators were to support digital assets, then he would think of investing a more substantial portion of his portfolio into crypto.
Quote
If you told me the Swiss and the Euro and the American and the Canadian, Australian governments agreed to whatever that is, I would put up to 20% of my portfolio in it.
O’Leary’s various comments clearly show a comprehensive change of heart, from opposition to acceptance of Bitcoin. In the same 2019 CNBC interview, O’Leary had also stated that he believes that the digital currency is garbage due to difficulties caused by its volatility, which he still worries about even today.
Besides O’Leary, another Shark tank investor Barbara Corcoran had also openly expressed her point of view on Bitcoin, stating that buying real estate with Bitcoin is common sense.
https://btcmanager.com/kevin-oleary-portfolio-bitcoin-governments-agree
Thoughts on this Shark Tank, everyone?