Click to download audio version In recent months, conversations about the
environmental impact of bitcoin have risen to national prominence. In this
Bitcoin Magazine Podcast, hosts David Zell and Matt Odell sat down with famed
Shark Tank investor, Kevin O’Leary. O’Leary had previously called bitcoins mined
using fossil fuels “blood coins” and suggested that these coins and bitcoins
mined with renewable energy may trade at different prices. In this interview,
Mr. Wonderful walked back some of these positions, arguing that green mining
will simply rise to meet growing demand. Nonetheless, Kevin’s conversations with
institutional investors have lead him to a stark conclusion—firms are
increasingly bound by ESG standards, and major money is waiting on the sidelines
to invest in bitcoin once these standards are met. Zell and Odell talk
with Kevin about what this may look like as well as the broader landscape of
institutional investment. O’Leary announced for the first time that he is
looking to increase his bitcoin allocation from 3% to 5% and discussed his
investments in the bitcoin ecosystem. This was a great conversation, and you
won’t want to miss it.
environmental impact of bitcoin have risen to national prominence. In this
Bitcoin Magazine Podcast, hosts David Zell and Matt Odell sat down with famed
Shark Tank investor, Kevin O’Leary. O’Leary had previously called bitcoins mined
using fossil fuels “blood coins” and suggested that these coins and bitcoins
mined with renewable energy may trade at different prices. In this interview,
Mr. Wonderful walked back some of these positions, arguing that green mining
will simply rise to meet growing demand. Nonetheless, Kevin’s conversations with
institutional investors have lead him to a stark conclusion—firms are
increasingly bound by ESG standards, and major money is waiting on the sidelines
to invest in bitcoin once these standards are met. Zell and Odell talk
with Kevin about what this may look like as well as the broader landscape of
institutional investment. O’Leary announced for the first time that he is
looking to increase his bitcoin allocation from 3% to 5% and discussed his
investments in the bitcoin ecosystem. This was a great conversation, and you
won’t want to miss it.
