Morgan Creek's Anthony Pompliano and Kevin O'Leary debate Bitcoin

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The Treasury Department is proposing a new regulations surrounding cryptocurrency last week, but with Bitcoin sitting well over $20,000, could it still be a good play for your portfolio? Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, and Kevin O’Leary, chairman of O’Shares ETFs and co-host of “Shark Tank,” join “Squawk Box” to discuss. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: https://cnb.cx/2BT2E7y

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Comments

Christine D Sandra says:

Not only my fans dumbed the USD , USD bonds and USD stocks.
Other actresses and actor's fans is also dumping the USD , USD bonds and USD stocks

Thomas Scott says:

He needs to go buy a wig to cover his brainless skull

Tom S says:

BTC is a speculative asset. It's too early to call it anything but that yet. The narrative that it is any kind of "store of wealth" or "digital gold" is a fallacy. It could be those, but it's much too early to tell. It is nothing but a fiat currency with a cap on how much can be printed and this lends to it's scarcity but scarcity is nothing without demand and with no intrinsic value there is no way to predict what the demand will be as it is not predicated on any utility.

Haz Mat says:

This what missing out sounds like.

Jan Bruun Andersen says:

Yes, grown up men will cry. But it will not be the men you are thinking of, Kevin O'Leary.

Fastblade Productions says:

Kevin is into selling investment vehicles… he doesn't want to lose business…. also they are trying to keep the price down as much as possible as the big institutions keep buying it… it takes 2 weeks to buy $500m worth of BTC…. regulations are all in favor of bitcoin… new chairman is pro-crypto….

Yabadoo Lively says:

In other news: Old Man Gets Confused by New Technology.

Duran says:

O’Leary sounds like Dave Ramsey 😂

Martinez Lawrence says:

Awesome and very insightful update 👍👏👌well I will also say this here ,the awareness about making money online is getting higher daily die to this covid 19 pandemic as the cryptocurrency world has recently noticed high inflow of traders mostly when it comes to bitcoin trading, but due to lack of trading experience a lot of traders lost so dearly either by executing trades wrongly or using the wrong strategy .. I have been guided by a pro trader known as Benjamin Anderson backed up with his working strategy / accurate daily signals..during my first month of trading with MR Benjamin Anderson daily signals, I was able to grow my portfolio from 1.1btc to a total of 6.4btc which you would agree is a very good profits.. why not take full advantage of the crypto market mostly now that bitcoin is set to embark on a bullish run.
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Eyrie says:

Bitcoin is censorship resistant…

agitus zweos says:

We'll see who's laughing and who's crying, when fiat collapses.

King Kemet 25 says:

Kevin with the facts!! But I will say this as long as there is corruption, drugs and the dark net bitcoin will be here

Thinking Crypto says:

ACCUMULATE AND HODL BITCOIN, NEW ATH PRICES ARE COMING!!!

PrimalCircus says:

There will always be people who need/want to use untraceable money. My guess is the majority of the money is being used for illegal activity.

Rob says:

Kevin is absolutely right.

Adrian Aquattro says:

Buy a Mavericks jersey with BTC and get a fee of $16-36.00 for doing so lol

STEPHAN FEIBISH says:

2020 1040. "At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No"

Nicholas Bet says:

Oleary nails it! When the regulators come down, it will be a massacre.

Matthew Baker says:

Once again, the king of cryptocurrency Bitcoin seems to be building up momentum for a breakout above $24k against the US dollar which shows that the bulls are still very much in control. These also serve as the time to buy and look for a working strategy/signals to accumulate more, although i don’t kick against holding. Nevertheless i still see it as a very good time to trade actively in the market reason been that it is much more profitable and safer with the right strategy/daily signals in place and backed with the right guidance. My mentor still remains Mr.Frank Cole because of how much his trade strategy and daily signals have been of benefit to me, having grown my portfolio from 0.9 btc to 6.8 btc in four weeks. However, i would still advice people to buy at this price and also trade with the little you hold so as to build as very strong portfolio ahead of the * New Year* market. Mr. Frank can be reached via Telegram @Franktrading99 or * Mail *(Franktrading99@gmail. com)" for inquiries for insights into all crypto related issues.

Max Hubbard says:

CNBC constantly pumps bitcoin, it's kind of ridiculous. They never have people who have a bear-case scenario on.

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