Morning Minute: Kevin O’Leary Calls for $1 Million Bitcoin, With an Asterisk
Kevin O’Leary says Bitcoin could reach $1 million, but only if the industry removes the “Q-Day” quantum-computing risk that could theoretically break wallet signatures. He argues that uncertainty keeps large funds’ Bitcoin exposure near 3% and could cap upside. He also reversed his earlier bullish view on Ethereum, saying it is not fast enough or secure enough for broad standardization. Instead, he expects tokenization to be won chain by chain, with major gains going to whichever blockchain becomes the plumbing for large exchanges and asset markets. He points to the SEC’s tokenized-stock innovation exemption and ICE’s interest in Avalanche as signs that tokenization is accelerating. Ethereum remains a leading contender, despite his skepticism.
