Kevin O'Leary Goes All In On Cryptos - Part 2

in LeoFinance4 years ago

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Kevin sat down with Anthony "Pomp" Pompliano to discuss, crypto, bitcoin and defi recently. Kevin met Pomp several years ago on CNBC which Pomp told Kevin that he had 50% of his net worth in Bitcoin. Kevin said he was fucking crazy. But as much as Kevin was berating Bitcoin, in 2017, he started buying some Bitcoin and Ethereum.

What interests Kevin the most right now is DeFi. Now that he has an allocation to crypto, Kevin
is saying why not take a portion of the assets and wrap it into the Ethereum chain and start making some interest.

Kevin's team is starting to talk about cryptos weekly and it's to the point that he invested in a company that does commercialized DeFi, called D Five Ventures. The funny thing is Kevin is only looking for 5 to 8% yield...probably because he's not getting jack on his gold position, it's actually costing him money because he has to store it.

Kevin is no dummy...not only is he getting into the space, but he wants a piece of the space...to make money...when others like him give their money to him and is D Five Ventures for yield.

Source: https://www.youtube.com/c/AnthonyPompliano/videos


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That is very cool, it increases my confidence in the space to know that Kevin has finally dipped his toe in the waters.

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Him and others are doing a 180, which is good for the space.

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This is exciting, and a valuable opportunity to listen to a experience corporate player explain the slow speed of corporate investment.
Thanks for this valuable share.

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Yeah, I think having him in the space will help bridge the gap between corporations and the ESG theme.

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