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"We Should All Be Very Excited For What's Coming" | Kevin O'Leary



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As a guest with Scott Melker, venture capitalist and famed Shark Tank Investor Kevin O’Leary shared his optimism for what’s coming in crypto. The mid-term elections are here and O’Leary believes a new bi-partisan bill that targets stablecoin regulation, is a very big deal. According to Kevin, if the bill passes, which he believes it will, the stablecoin will directly make for a strong dollar. Strong regulation will invite institutional investors and just as importantly, in O’Leary’s view, a good portion of the banking clients will start to move toward blockchain technology, which he believes will be the 12th sector of the S&P. O’Leary’s bullish sentiment is based on the potential of payment processing systems being solved, which he believes will come from a cryptocurrency that hasn’t yet been developed.

Kevin O'Leary, nicknamed "Mr. Wonderful", is a Canadian businessman, entrepreneur, and television personality. O'Leary co-founded SoftKey Software Products, a technology company that sold software geared toward family education and entertainment. During the late 1980s and 1990s, SoftKey acquired rival companies via hostile takeover bids, such as Compton's New Media, The Learning Company, and Brøderbund. SoftKey later changed its name to The Learning Company and was acquired by Mattel in 1999, with the sale making O'Leary a multimillionaire.
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► To watch the full interview:
https://www.youtube.com/watch?v=mxNcbOiL88o

Category
Cryptocurrencies
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