Kevin O'Leary explains why he thinks NFTs will become bigger than bitcoin

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NFTs could become 'a much bigger, more fluid market' than bitcoin, 'Shark Tank' investor Kevin O'Leary predicted.

However, there are concerns about the sustainability of the market. Some have compared it to the initial coin offering frenzy of 2017, which saw several investors get defrauded by betting on start-ups through unregulated token sales. Meanwhile, there have been a number of scams and instances of stolen art, raising red flags for some traders.

Around 40% of new checks O'Leary has written in the last six months were for crypto and blockchain-related ventures.O'Leary stressed the importance of ensuring crypto becomes regulated. Regulators in the U.S. and elsewhere are racing to catch up with developments in the market to prevent potential money laundering and protect consumers from financial harm.

He cited Canada, his home country, as an example of a jurisdiction that is more progressive than others on the issue of crypto. O'Leary also cited the United Arab Emirates and Switzerland as other countries that are opening up to crypto.

 

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spiringNobody cardhedger sportscardex the man has spoken!

Due to their potential displays in the meta verse.

I remember Kevin O'Leary used to be a cryptocurrency critic. But now he's a supporter

Shows he does not know anything

I think that Meta-Shopping: Malls, Fast Food and Groceries, and their Virtual Replication will be a big assist in curbing human traffic after HyperCapSoc and the centralization of these Virtual Worlds will, of course, make Virtual Property very Lucrative.

NFTs will make a lot of money and Bitcoin will be replaced by the Global CBDC after HyperCapSoc.

a lot of this is happening right now. One of the best right now is the opening of LaCucina_DeFi liquidity pool on MDEX. NFT Staking cryptocurrency

NFT is scam

A bigger bubble than bitcoin? 🤷🏻‍♂️

just pumping up whatever he had bought. As usual, so predictable Kevin

Because rich people and criminals need them to launder money?

NFTs are stupid

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