![This is going to be bigger than Bitcoin](https://www.apparata.nl/files/2022/01/Bitcoin-4-1-2022-727x612.jpg)
Many major investors and well-known analysts agree: this is going to be bigger than Bitcoin in the coming years.
One of those investors is Shark Tank star Kevin O’Leary. This program is the American version of Dragons Den. O’Leary has an interview datum to Forbes, the well-known business newspaper. He discussed cryptocurrency, its investment portfolio, diversification, market bubbles, meme coins and non-replaceable tokens (NFTs).
Investments
The investor, worth a whopping $400 million, says he “views the entire crypto industry as software development teams.” Adding that he bets on “really strong creative software engineers”. While talking about his cryptocurrency holdings, he revealed that he has more Ether than Bitcoin.
“It’s because there are so many financial services and transactions happening,” the Shark Tank star described. “Even new software like Polygon is being developed that will consolidate transactions and lower the overall costs in terms of ‘gas fees’ on Ethereum.” He is not afraid of a bubble, because you cannot estimate it at all. Ultimately, he believes that speed and adaptability are the success and value of a platform. That is only possible if it solves an economic problem.
Bigger than Bitcoin
O’Leary also discussed non-fungible tokens (NFTs). “They offer so much value around authentication, inventory management and all kinds of use cases across different asset classes,” he described, adding that he thinks Bitcoin will grow NFTs.
“I prefer NFTs tied to hard assets, physical assets; the one I work with is developing a white paper in the watch industry,” he said. “I also made a material investment in Jordan Fried’s company, Immutable Holdings, which owns nft.com, which he is launching in January, and in Wonderfi.”
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