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In recent months, conversations about the environmental impact of bitcoin have risen to national prominence. In this Bitcoin Magazine Podcast, hosts David Zell and Matt Odell sat down with famed Shark Tank investor, Kevin O\u2019Leary. O\u2019Leary had previously called bitcoins mined using fossil fuels \u201cblood coins\u201d and suggested that these coins and bitcoins mined with renewable energy may trade at different prices. In this interview, Mr. Wonderful walked back some of these positions, arguing that green mining will simply rise to meet growing demand.

Nonetheless, Kevin\u2019s conversations with institutional investors have lead him to a stark conclusion\u2014firms are increasingly bound by ESG standards, and major money is waiting on the sidelines to invest in bitcoin once these standards are met. Zell and Odell talk with Kevin about what this may look like as well as the broader landscape of institutional investment. O\u2019Leary announced for the first time that he is looking to increase his bitcoin allocation from 3% to 5% and discussed his investments in the bitcoin ecosystem. This was a great conversation, and you won\u2019t want to miss it.