Kevin OโLeary, a well-known investor, predicts that cryptocurrency will become the 12th sector of the economy by 2030. He bases his view on its ability to enhance productivity in various industries, specifically in digital payments. His bold statement sparks discussions in the crypto community, especially against the backdrop of a volatile market.
During a recent crypto conference, OโLeary shared insights into his investments, notably his stake in HBAR from the Hedera network. He expressed confidence in this token, stating, "If HBAR were garbage and going nowhere, Iโd already be out. But Iโm not. Iโm in." This remark highlights his ongoing advocacy of HBAR since 2022.
Discussions on forums show a growing optimism among people regarding cryptocurrencies, particularly HBAR. While some comments express support, skepticism also lingers:
One user stated, "So when he sells his hbars (not if), I will be the bag holder. Once more." This points to a concern that OโLeary's confidence might not translate to success for all investors.
Another user inquired, "Do you have a snip of the video on Kevin mentioning HBAR?" indicating a desire for more evidence to support OโLearyโs claims.
Other forum comments reflect a hopeful view, with sentiments like "More good vibes ๐" and "I too hope it goes up."
As regulations around crypto assets tighten, OโLeary suggested a migration towards established assets like HBAR. "No one knows what the post-regulatory, institutional 'flight to quality' will be," he said. This unpredictability fuels debates about investment security moving forward.
๐ OโLeary promotes crypto's role as a key economic sector.
โ Investor confidence in HBAR remains mixed but generally optimistic.
๐ Concerns about asset stability and regulation continue to surface.
As investors watch regulation developments closely, OโLearyโs predictions could shape their strategies in the years to come. The path for crypto toward becoming a recognized economic pillar seems plausible, reflecting a broader acceptance in finance and daily transactions.