Kevin O’Leary is a VC investor and businessman famous from the reality show, Shark Tank. As an investment guru, Kevin O’Leary’s comments are closely watched and followed by the people. Even in Shark Tank, he projects himself as the most rational and realistic voices in the game.
Nevertheless, O’Leary’s recent comment on Bitcoin reveals hypocrisy. In an interview earlier this year, he had called it “raw speculation” and said that he does not see any long term value.
More recently, he bashed Anthony Pompliano for holding a substantial amount of Bitcoin in this portfolio.
However, in an interview from 2013 brought into attention by a Twitter user, Thomas Schulz, Kevin O’Leary is seen expressing views like a ‘Bitcoiner’ or a ‘Bitcoin maximalist.’
In the Video excerpt from 2013 shared by Thomas, on Bitcoin’s Intrinsic Value O’Leary says,
You can buy Bitcoin virtually with any currency on Earth or convert back to any currency or buy goods and services from it… I think the best way to look at it. This is a proxy for the mistrust individuals have for central bankers. But you know don’t trust any other currency. This is where you go.
On Central Bankers, he says,
People all over the world are saying I have had it with my Central Banker. I don’t trust Politicians anymore. I am going to trade with this currency with my computer and my cell phone.
Not once, not twice, O’leary reaffirmed that the fact at least four times that “It’s here to stay” and also agreed that it is a legitimate form of currency to trade.