The 15-time All-Star also said a couple of his friends “got caught up in a little scam like that one time,” turning him off to the concept.
Meanwhile, Charles Barkley who is a Basketball Hall of Famer shares the same point of view with O’Neal he said: “do not believe in crypto.”
“I got a couple of financial guys. One of them said, ‘If I ever put you in crypto, you should fire me on the spot,’” Barkley added.
O’Neal says his investing style is simple: He invests only in assets that he believes can change people’s lives. “I heard Jeff Bezos say one time [that] he makes his investments based on if it’s going to change people’s lives,” O’Neal told The Wall Street Journal in 2019. “Once I started doing that strategy, I think I probably quadrupled what I’m worth.”
