Kevin O’Leary believes there is too much “poo-poo” in the crypto ecosystem and predicts we will soon see a lot of new bankruptcies. He openly doubts the solvency of Binance and says the majority of tokens will be flushed out. In this episode, we talked about the FTX collapse and its consequences, regulation, AI excitement, and Kevin’s watch collection and its relation to SWIFT and stablecoins.
Kevin O’Leary:
https://twitter.com/kevinolearytv
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#kevinoleary #FTX #crypto
Timestamps:
0:00 Intro
0:50 What has changed since FTX
5:00 Is BNB token next to go bankrupt?
6:30 Long way to go to flush out the garbage
9:00 Heavy-handed senators
12:30 No institutional interest in crypto
14:30 10,000 tokens are worthless
18:30 The poo-poo token
19:30 BNB - subsequent big collapse?
21:40 Kevin’s watch collection, Swift and stablecoins
25:30 The regulation of stablecoins and crypto
28:00 AI excitement
29:05 Wrap up
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.