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Bitcoin 2022: For Mr. Wonderful, Kevin O’Leary, cryptocurrencies will have a good financial and regulatory future

Alex Coin
April 7, 2022
Reading Time: 3 mins read
0
What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

During the event, the renowned investor said Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. 2022 that cryptocurrencies in general will have a promising future, and does not rule out that these will become listed in indices such as the S&P 500 once capital from the more traditional sectors of the economy enters this market.

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***

The event officially begins in the city of Miami. Bitcoin 2022 The event is an annual convention that brings together important figures of the crypto ecosystem, to share with attendees important announcements related to current events and the future of the main digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency.

On this occasion, the opening speech was given by the reputed investor known as “Mr. Wonderful”, Kevin O’Leary, who shared with the attendees a rather bold estimate, in which he predicted that Bitcoin and the main cryptocurrencies will become the 12 sectors of the world’s largest cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market. S&P 500 o de la Global Industry Classification Stantard (GICS), referring specifically to the classification method used to list publicly traded companies on the most reputable stock exchanges.

Good prospects for Bitcoin según O’Leary

O’Leary sees very good times ahead for Bitcoin, as the investor assured that “there are billions of dollars waiting for policies.” in cryptocurrencies, this in the expectation that regulations will come into place that offer greater clarity on these issues.

On the latter, O’Leary indicated that the regulations in themselves are not bad, but they should be effectively routed in a legal way to facilitate the entry of heavy investors into this space, as this would give them greater guarantees to operate with much more security:

“When we have a policy and the regulator regulates, that’s not a negative thing. The supply of capital capital is most commonly defined as the large sum of money you would use to invest. is going to flood the sector like you’ve never seen. Those who can invest investing is when you put money in a financial scheme with the intent of making a gain. now are getting ahead of what is going to be a huge wave of interest over the next few years.”

O’Leary is not surprised, therefore, that the S&P 500 will list the cryptocurrencies in its index and rate them according to the trading activity they register. It is worth noting that this currently includes sectors such as information and technology, health, finance, consumer, industry, energy and others.

A developing industry

Another aspect that Mr. Wonderful referred to is the innovation that characterizes the cryptocurrency sector and digital assets in general, where there are many people working to develop products and solutions that use this technology.

Según O’Leary, las personas más inteligentes del mundo están trabajando justamente en eso ahora, y por ello resaltó que con regulaciones apropiadas, las criptomonedas podrían convertirse en uno de los sectores más grandes de la economía estadounidense:

“I’ve been thinking a lot about Washington over these last three months. The good news is that, on a bipartisan level, there are a lot of sectors and representatives who are thinking about this proactively.”

Finally, O’Leary was optimistic about the regulatory landscape to come in the coming months, highlighting efforts at the state level by some jurisdictions to adequately address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. cryptocurrencies and their underlying technology.


  • Miami now has a Bitcoin bull a person that is optimistic and confident that market prices will increase, this person is also known to be "bullish" about the market or price. that echoes the iconic Wall Street sculpture
  • Miami Mayor Francis Suarez: “We are going to be the first city in the U.S. to give rewards in Bitcoin”.
  • Miami Mayor Francis Suarez will be the first U.S. politician to receive his full salary in Bitcoin

Source: Bitcoinist ,TheBlockCrypto

Version by Angel Di Matteo / DiarioBitcoin

Kevin O’Leary on polygonal art by DiarioBitcoin

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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