Kevin O'Leary, chairman of O'Leary Ventures, weighed in on President Trump's rise in Bitcoin, claiming there is “a huge amount of demand here.”
Kevin O'Leary, chairman of O'Leary Ventures, has announced a “new” plan for Alberta after Premier Daniel Smith dropped a shiny Bitcoin “bomb” during an interview on Varney & Company. He said he might make a special friend. on wednesday.
When FOX Business host Stuart Varney asked Canadian politicians if they knew whether oil exports were “killing the planet,” they replied, “We have 200 billion barrels of recoverable oil in reserves.”
“We have 200 trillion cubic feet of gas. And we also have probably the best pore space in the world after Russia,” she added.
“I think we are a better trading partner and friend than Russia. So we have plans to absorb carbon, capture and bury carbon, capture and use carbon, and store it. We're already doing this at scale. We're going to safely sequester 14 million tonnes of CO2, another of which is to reduce global emissions. In order to reduce emissions, I think they want to export fuel with low emissions internationally. ”
Bitcoin reaches $100,000 for the first time in history
Alberta Premier Daniel Smith said Canada is America's “best friend and trading partner” in oil and energy production.
Mr O'Leary claimed Mr Smith's comments about oil reserves attracted “tons” of attention.
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“That's all the power. That's what it is. And that's what you need for Bitcoin mining, and that's what you need for an AI data center,” O'Leary said Thursday. “She comes out of there bursting with laughter… It was pretty funny.”
According to Coinbase, mining is the process used to generate new coins and validate new transactions in Bitcoin and some other cryptocurrencies. This is a highly energy-intensive and expensive process that could be countered by using natural gas to power Bitcoin mining data centers.
MicroStrategy Executive Chairman Michael Saylor explains his approach to buying Bitcoin and predicts the asset's huge future price in “Making Money.”
Smith also said she plans to travel to Washington, D.C., to attend President Donald Trump's inauguration in January. When asked if she was a “big fan of Trump,” she replied: “I’m a fan of our biggest trading partner, so [a] $188 billion relationship. We had a great relationship with the previous administration. I am confident that we will have a great relationship with the new administration. ”
Varney also invited her to come back to his show in New York City.
“You can come see me,” Varney suggested to Aurelie.
“If she has that much energy, she's my new special friend,” the “Shark Tank” star responded. “And she's going to get a lot of calls from people just like me, I guarantee you that.”
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