'Why I'm not investing in nothing burger Bitcoin': Shark Tank's Kevin O'Leary

Cointelegraph

Published Jan 12, 2021 07:43PM ET

Updated Jan 12, 2021 09:20PM ET

Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin.

In an episode of his YouTube series released today titled "Why I'm NOT Investing in Bitcoin," O'Leary spoke to Bitcoiner Anthony ‘Pomp’ Pompliano and called Bitcoin (BTC) a “giant nothing burger” in terms of its value as an asset. He argued he would be unable to make “a significant transaction” using the crypto asset because of inconsistent regulatory frameworks across the world.

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