A hurdle I have sometime found in both online and offline discussions, is that people think bitcoin isn't "real" because you can't see it or hold it like you can with cash. The old meme of bitcoin being "magic internet money" still very much holds true in some people's mind.

Regarding O'Leary, he heads a variety of fiat based companies bearing his name, including mutual funds, investment funds, venture capitalists, stocks, shares, ETFs, etc. As always, people heavily dependent on the fiat banking and investment structure for their own wealth will oppose anything which seeks to challenge that structure.

Kevin O'Leary must be belonging to the old-school club led by Warren Buffet. These men are not interested with bitcoin and they are open to say whatever they wanted to say against this new digital asset revolution. Sure, bitcoin is not perfect but it is evolving and though some famous names predicted in the past that it will just go away silently, we now know that bitcoin is here to stay. It is quite hard to determine the future of cryptocurrency but using the resiliency of bitcoin as the gauge, in my mind, there is no question that its future can be bright especially that we are seeing a steady rise of its adoption in many industries and the general masses.

I guess we just have to respect the man and his disdain on bitcoin...because eventually it is going to be time that will prove him to be false. Bitcoin died many times and yet it is still standing strong up to this day. There will always be critics especially with a successful platform like bitcoin...the more critics the more we know that bitcoin successfully ruffled their feathers.

why do you keep listening to the stuff these type of people make when they obviously are spreading nonsense about bitcoin and have no understanding of it?


people who say that must also think fiat is not real money and think the only "real money" is cash. because at this day and age 90% of times we are not using anything physical and everything has turned into digital form with credit cards, wire transfers, payment processors and online wallets.

You already knew that Kevin O'Leary is delusional then why still care about his invalid statements 

I already bought my own gaming computer with Bitcoin and I can testify that it has an intrinsic value and so other people too. These people who still doubt Bitcoin are the ones who are not willing to learn or adopt new technologies and contented to the old ways but let's respect them because change is inevitable.

He states his opinion and it is fully respected.
He can believe whatever he likes. For him real money is Fiat money because he can use it in his everyday life. This is a reason to corellate it as real money and maybe this is the reason he does so.

We have the freedom to say our opinion in Bitcoin and Fiat and I think he just said what he thinks it is that Bitcoin is shit .
Let him be. He can say whatever he want but in the end, if Bitcoin will start to rise he will buy also in silence.
As for me, I support fiat currency and at the same time I support cryptocurrency.

+1
You should read some of his older post on how to do it without the government or current banking system. This man(TimeBits) has a great point and great concept that will free all of the people and create Universal Basic Income, not at the expensive of the tax payers. He also talks about the topic of decentralized voting, which is the real spoiler.

He's a Canadian venture capitalist. He has appeared on bunch of investment related TV shows such as Dragons' Den and Shark Tank.

People don't appreciate this though. The vast majority of money doesn't exist in any tangible way, it is just numbers on a database. Banks frequently essentially print new money out of thin air by altering these databases. But because you can withdraw this money and hold it as cold, hard cash, people think it is more "real" than bitcoin, despite bitcoin being the only one out of the two that you can't just create by adding a few zeroes to a spreadsheet.

This concept will change sooner or later. People will find fiat as fake money and bitcoin the real currency. Its just a matter of time when people will realize that the paper notes are worthless.

the only reason why he thinks bitcoin is trash is because it is made by an anonymous man/team and isn't backed by any currency.
it's Ironic that he treat bitcoin that way and think so badly about bitcoin when every currency that we have now used to be nothing.