Economic expert Kevin O'Leary has said there is no chance bitcoin will be banned.

March 28, 2022

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Kevin O’Leary, a well-known multi-millionaire and venture capitalist, has stated that bitcoin cannot be banned as it offers conomic opportunities.

The Shark Tank star says banning bitcoin as well as other cryptocurrencies is not an threat to our future.

The Canadian entrepreneur believes once regulators put in place regulations, the industry will have trillions of dollars pouring into it.

This month, a celebrity revealed that 20% of his portfolio is in cryptocurrencies and blockchain.

Investors are investing in private bitcoin mining facilities.

Earlier this year, Kevin O’Leary opined that bitcoin won’t hit $300,000 until institutions start buying the cryptocurrency.

The next 2 or 3 years will see US regulators rule on cryptocurrencies.