The shark sometimes sarcastically called Mr Wonderful, Kevin O’Leary, gave his too scents about cryptocurrency, assuring that if miners can sustainability. They will be able to attract more institutional clients, as well as boost prices. The investor spoke about crypto during Consensus 2021, insisting that corporations are reluctant to embrace cryptocurrencies until all environmental, social and governmental concerns are solved. Currently, less than 1% of institutions carry crypto as an asset class. If they want to change this, O’Leary believes that miners should prove their coins are created sustainably.
This is a companion discussion topic for the original entry at https://bitcompare.net/blog/crypto-sustainability