Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street
Cuban believes WSB traders are applying the principles of the crypto world to the stock market.
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The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.” Entrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community.In a Jan. 31 blog post, Cuban suggested that the old-school investment community is currently taking a kicking from what he describes as the “Store of Value Generation.”These millennials have developed a greater understanding of the value of digital assets, having been brought up in a world where music was more often shared as a....
Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs. He compared bitcoin to gold but believes that bitcoin is not a solution to any problem as countries will take steps to protect their currencies. Mark Cuban Says Bitcoin Is More Like Religion While the price of bitcoin repeatedly hit all-time highs last week, American billionaire, Shark Tank star, and the Dallas Mavericks owner Mark Cuban is still skeptical about the cryptocurrency. He was quoted by Forbes in an....
The billionaire investor and television personality, Mark Cuban recently did an interview on the recent episode of a podcast and discussed crypto assets at length. Cuban says his cryptocurrency portfolio is 60% bitcoin, 30% ethereum, and the rest is dedicated to smaller cap cryptos. Mark Cuban Shares His Crypto Portfolio Allocations Mark Cuban is a well known investor, one of the hosts on Shark Tank, and the owner of the National Basketball Association’s (NBA) Dallas Mavericks. For years now, Cubans and some of his fellow Shark Tank co-hosts have been discussing cryptocurrencies and....
Bitcoin and crypto Twitter has been ablaze over the past few weeks as Mark Cuban, a billionaire investor, has continued to dabble in the space. Cuban is best known for his role as a Shark on “Shark Tank” and as the owner of the Dallas Mavericks. The American investor recently started to increase his exposure […]
Schiff looks increasingly isolated in his Bitcoin hating as former skeptic Cuban tells him to "move on" from gold. Bitcoin (BTC) and Ether (ETH) are empowering but gold is "dead," billionaire Mark Cuban has told one of cryptocurrency's biggest naysayers.In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold "will die" as a store of value (SOV).Cuban to Schiff: "Gold is dead, move on"Schiff, a gold bug who has long made a name for himself as a firm Bitcoin skeptic, continues to tweet disparaging comments about the phenomenon....