Mark Cuban: Bitcoin (BTC) is a Digital Store of Value
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 […]
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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....
Cuban believes WSB traders are applying the principles of the crypto world to the stock market.
"No matter how much BTC fans want to pretend that it’s a hedge against doomsday scenarios, it is not." Mark Cuban, the billionaire who once said that bananas are a better medium of exchange than Bitcoin (BTC), has doubled down on his view that the asset is more like a collectible than a reliable financial instrument.In a Forbes interview conducted on Dec. 8, Dallas Mavericks owner Mark Cuban said that crypto users should not look to Bitcoin as "a hedge against doomsday scenarios." He also believes that the crypto asset is unlikely to replace fiat currency anytime soon."[Bitcoin is] a store....
As president of the United States, the Dallas Mavericks’ owner says he would give away Bitcoin to every citizen. Responding to a tweet from billionaire Chamath Palihapitiya, Mark Cuban said he would run as a U.S. presidential candidate, under a specific set of circumstances. “I'll run if BTC gets to $1m AND we can get commitments to donate 350 BTC to the Treasury each of the 4 yrs so that we can give 1 satoshi to every citizen each yr, that they must hold for 10 years,” the Shark Tank star tweeted on Tuesday. Cuban’s response came after Palihapitiya said the present political framework....