Bomb Assumption From Solana And 31 Coins Billionaire: In January…

Shark Tank investor and venture capitalist Kevin O’Leary makes a new claim. He said that as a result of the upcoming meeting of world presidents, there will be an increase in interest in cryptocurrencies. The name, who said that he had Solana (SOL) and 31 coin projects before, shared his last prediction.

Billionaire says cryptocurrencies will be in the spotlight after the upcoming forum

Shark Tank investor Kevin O’Leary made a positive statement to the name of cryptocurrencies in a recent interview. He spoke about the annual meeting of the World Economic Forum, which will take place in Davos, Switzerland, in January 2023. He says that one of the most valuable bets to be discussed in the forum will be cryptocurrencies. Kevin O’Leary shared his thoughts with these words:

This year, we specifically commented on the mid-bank ACH transfer or the international Swift transfer. Around the payment systems we talked about, you will see cryptocurrencies at the top of the list of those discussed by global bankers. Cryptocurrencies are considered private sector innovations that were heavily regulated by global governments years ago. Now, for the first time, token projects such as stablecoins are doing this significantly faster. More productive, more transparent, more auditable. But best of all, in a much more convenient system, it could really fail. Transferring global assets should be observed in the name.

O’Leary stated that he is involved in the Stablecoin Transparency Act, which aims to increase the transparency of stablecoins like Circle and Tether. He says this will be a valuable part of the discussion about cryptocurrencies, especially stablecoins:

As a result, with this event, you will witness the headlines of companies like Circle. We are struggling to find some kind of politics and regulation. However, despite all this, we will see a lot of crypto-based conversations with global governments on a global level. This bill, the Stablecoin Transparency Act, is at the forefront of that plan. It will happen after the mid-regulations on November 8th. I think that what will be valuable to the name of crypto money politics can be marked when we come to this place. A bilateral US bill… Many changes are coming for the cryptocurrency markets.

Shark Tank investor Kevin O’Leary is holding Solana and these coins

As we have reported as; Kevin O’Leary’s investment planning splits into two main branches. O’Leary shared that crypto money investments must be diversified. The second way is to follow the companies that have built a crypto money infrastructure, he says. Kevin O’Leary made the following statements about cryptocurrencies:

I have 32 locations, 32 altcoin projects, and 32 different altcoins. Frankly, I have no idea which ones will win in the next five years. But I don’t need to profit from all of them. I only need a few altcoin projects to earn. This is what it means to have diversity in my portfolio.

Among the cryptocurrencies in which O’Leary has invested in particular are the following;

Leading cryptocurrency Bitcoin (BTC), leading altcoin Ethereum (ETH), Smart Contract project Solana (SOL) and ETH-based Polygon (MATIC). The Shark Tank investor states that he prioritizes these altcoins in the majority of his savings. Subsequently, O’Leary explains why he believes infrastructure betting is so valuable to the name of his crypto investment thesis:

I made some investments in infrastructure. You know, that old adage about hacking into gold. It’s better to have a pickaxe, a shovel, and jeans and sell them, rather than looking for gold.

O’Leary says there is no clarity before the American middle elections. With all this, he says that once it is decided by the House, Congress will turn its full attention to determining crypto policies. Specifically, O’Leary considers stablecoin projects to be the first segment to be regulated within the cryptocurrency ecosystem. O’Leary shared some ideas about how the arrangement should be:

According to me, it will appear in the following form: 30-day control will be provided on the assets under it. You can bring any stablecoin you want. However, it will be subject to a 30-day check. There are no assets supporting the token or altcoin for more than 12 months. Because of this, you will apply for T-bono, it must be short-term. In my personal opinion, it should be an average of six months. It is very similar to the money market.

Similar Articles



Please enter your comment!
Please enter your name here


Most Popular