No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
Cointelegraph
Published Apr 05, 2021 06:51AM ET
Updated Apr 05, 2021 09:00AM ET
Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean coin” — coins mined using renewable energy — from now on and suggested other institutions were starting to do the same.
O’Leary took aim at the free-wheeling nature of Bitcoin production by pointing out that most other products in the world are manufactured according to institutional and regulatory compliance standards. O’Leary said, during an interview with CNBC:
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Written By: Cointelegraph
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