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Billionaire Kevin O'Leary Talks About the Future of Bitcoin and Cryptocurrencies in the World!
Fox News host Lara Trump recently sat down with O'Leary Ventures chairman Kevin O'Leary and Pubkey co-owner Thomas Pacchia on 'My View with Lara Trump' to discuss the future of cryptocurrencies. O'Leary, a well-known investor and television personality, has stated that he believes that cryptocurrencies are well on their way to becoming a mainstream part of the U.S. financial system.
O'Leary drew attention to the change that cryptocurrencies have undergone, stating that the industry has left the "cowboy era" behind. According to O'Leary, many of the miscreants in this field have either lost their jobs or faced legal consequences. He stated that the next phase of crypto adoption will be heavily regulated and integrated into traditional financial institutions.
"There's a new tone in government," O'Leary said, adding, "Trump has made it clear. They will make arrangements to ensure that this is integrated with America's financial institutions. A payment system will become an investment tool. It will become part of all sectors of our economy. We have eleven sectors. In the end, I believe crypto will be the twelfth sector."