Bitcoin Talk with Michael Bloomberg, Jim Cramer and Shark Tank Kevin Oleary

Written by:
C Costigan
Published on:

Bloomberg News  founder Michael Bloomberg, CNBC's Jim Cramer and Shark Tank's Kevin O'Leary give their opinions on the cryptocurrency craze, in particular Bitcoin, with these snippets from recent interviews.

When asked at what point is it important to have a Bitcoin strategy, Bloomberg responded "Not in our lifetime".

He clarified further: "All businesses are aware that the rubber meets the road.  They're not dealing in expensive financial transactions.  They're dealing with trying to create products that people want to buy."

Cramer suggested that Bitcoin is going to be a trillion dollar market.

As for O'Leary, he suggests that cryptocurrencies are not a currency, they are assets.

"I'm not sure Bitcoin is a great long term investment because I don't know what's going to happen to it but I do know a company that makes free cash flow that pays you a dividend each quarter."

Watch more below

video News

Arrests Made in 3betpanda Texas Card House Shooting

Two individuals have been arrested for the April 30 shooting of poker player Tom ‘3BetPanda’ Steinback outside an Austin, Texas area "Card House" off Highway 183.

Bitcoin Cash is a Must-Own, Says Crypto Investor Brian Kelly

A proposed bitcoin cash development fund could give the digital currency more value, says crypto trader Brian Kelly.  Potential investors met this past Saturday.

Learn How to Improve Your AWP Skills notes that Draken has made some absolutely insane AWP plays in his time with NiP, and now he is here to teach you how to do the same. 

Johnny Manziel CFL Betting Props Released

Johnny Manziel CFL Betting Props Released

Over the weekend it was revealed that one time hot but troubled NFL prospect Johnny Manziel had signed on with the CFL team, the Hamilton Tiger Cats.

Nguyen: 'Bitcoin Cash Can Function for Higher Level Technical Programming'

nChain has started working on a proof-of-concept for a high level language and associated compiler that will enable programming with more sophisticated language capabilities, more sophisticated applications on Bitcoin Cash.