Mark Cuban, the star of Shark Tank and owner of the Dallas Mavericks NBA team, has recently made headlines for expressing his opinion on cryptocurrencies, particularly bitcoin. Cuban believes that bitcoin is a good investment and has urged its price to fall further so he can buy more. Additionally, he has also been vocal in his criticism of gold investors, calling them “dumb as f***.” His controversial words have caused quite a stir in the investment community and it will be interesting to see how this new development plays out.
Mark Cuban has expressed his opinion on the value of Gold and cryptocurrency Bitcoin. He believes that while people perceive Gold to have value, it is not necessarily the case when it comes to investing in the commodity. Cuban compares Gold to a religion and even goes as far as to say that it is not difficult for someone to steal it if it is held physically. In the past, Cuban has expressed his distaste for Gold investments and has suggested that people invest in other commodities. His opinion on cryptocurrency is that it is a valuable asset and should be taken seriously.
More about Mark Cuban
Mark Cuban is an American billionaire entrepreneur and investor, best known as the owner of the NBA’s Dallas Mavericks. He is a highly successful businessman who has made a name for himself through his various investments. He is also a major proponent of blockchain technology and has been a strong advocate for Bitcoin for many years. Cuban was one of the first prominent figures to publicly declare his belief in Bitcoin, as he declared it a “store of value” in 2013. He also invested in a bitcoin startup called Unikrn in 2014 and has also invested in several other blockchain-related companies since then. Cuban has been a vocal supporter of Bitcoin and has encouraged others to invest in the cryptocurrency.