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Shark Tank’s Kevin O’Leary Says Three Things Must Happen for Crypto To Reach Mass Adoption
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2022-11-10
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Summary:- Find Out More -Shark Tank’s Kevin O’Leary says that three vital things must take place to make the mass adoption of cryptocurrencies a reality.In a
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Kevin O'Leary of Shark Tank indicated that three very important things must be done to realize the large-scale use of cryptocurrency.
In a new interview with Scott Melker, a data encryption investment analyst, Ollie first focused on the need to improve data encryption wallets, saying that existing wallets are difficult to use.
"Wallets must be at work. Most wallets, no matter they are scattered or dense, are shit because there is no better sentence. They are just shit, and they are not safe. They are difficult to use. Ordinary people do not know what they are doing. Password technology, everyone can be messed up for the first time. You always start from $250, and then lose it immediately. It is always very good that you can tear them up to learn this of But this is unrealistic. Web3 is designed to deal with this problem. "
He continued to point out that the overall safety factor in this field must be improved, so that everyone can rely on cryptocurrency project investment as well as traditional assets based on perfect financial enterprise projects.
"We should be safe. If you accumulate assets, you need to get a better sense of belonging, even if only a relatively stable currency.
But if you first create asset allocation in today's society and use some of your savings for work, I don't care if you use Schwab, Fidelity or interactive exchange artist brokers. You don't worry about security risks. This problem has been overcome. They set up this kind of trust. They have been doing this for decades. You are happy to own your assets. We should deal with this problem in Web3. You need to feel safe where your assets are stored. "
O'Leary finally showed that the government supervision is the key component of the commonly used encryption algorithm.
"Finally, in order to apply the other two, we should supervise. All these people are the founders of this new fairy tale industry. In their view, this industry is unlikely to be supervised and will never need to be supervised. I thank them for making us today. But now I want them to get off the bus and let others move forward. Because we can't get that billion dollars." F The assets here are not regulated. This is why it is widely used. When our grandmother wants to get some USDCs, you will know that you have done it. "
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