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122 - Crypto's Bull Shark | Kevin O'Leary (Mr. Wonderful)
Bankless
Sovereign Funds Penche Plans
One bit coin, which is the grand daddy, did last an. in oil revenues. You don't want to re invest in oil. So they'll go to indexar like me, and say, index the n p 500, less energy, less airlines. That's the kind of index we do. And i always ask these institutions and these sovereign funds, what allocation would you put into bit coin? Just one bit coin,. The volatility would drop dramatically. There'd be price appreciation in bitcoin. It would be good for everybody involved in crypto. But we can't do it without policy. And so everybody should just geto this.
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