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Finance, Investments | Called bitcoin “nonsense”, but: – Can not bear to see Røkke make money and not me

Øystein Stray Spetalen makes a complete reversal in its view of bitcoin. Now he himself has bought bitcoin privately and bought himself into a crypto exchange, writes Finansavisen.

– Bitcoin today consumes as much energy as all of Norway’s energy consumption. It is extremely environmentally hostile. If one really meant anything about bitcoin, the authorities and the EU should ban this immediately. Then you cut CO2 emissions considerably.

Øystein Stray Spetalen said this at the conference DNB Invest earlier in March, according to Today’s business.

– It’s just nonsense. We are doing well with the payment systems that are in place today, Spetalen continued.

Within a few weeks, however, he has changed his mind and changed course. He recently conducted an interview with Finansavisen, after he joined the owner side of the Norwegian crypto exchange Miraiex.

Also read: Bitcoin to heaven again – can be multiplied

In the interview, he says that he met the Miraiex founders the day after the recording of the podcast in early March, and realized that he had been wrong about bitcoins.

– When the facts change, I change, Spetalen tells Finansavisen.

– And when I also read that Kjell Inge Røkke had gone into bitcoin, it was quite obvious. Can’t bear to see that Røkke makes money and not me, he continues.

It was at the beginning of March that Røkke launched the crypto company Seetee, which had bought bitcoin for NOK 500 million.

According to Finansavisen, Spetalen has bought bitcoin, but for less than Kjell Inge Røkke.

Also read: The Røkke share has increased sixfold – and can be multiplied again

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