Mark Cuban, the billionaire entrepreneur, investor, Shark Tank star and owner of the Dallas Mavericks basketball team, took to his keyboard once again to tweet about his new favorite thing: crypto.
The chipper 62-year-old firmly trained his sights on the three most talked about digital currencies: Bitcoin, Ethereum and Dogecoin.
Cuban opened his salvo with a tweet about Bitcoin’s relative worth as a store of value, when compared with that most hallowed and tangible asset: gold. He described both assets as “financial religions.”
However, although the cryptocurrency market is full of cults, its spiritual leaders have a point, said Cuban. Bitcoin, he acknowledged, is “easy to trade/store/create with no delivery issues”; gold is a “hassle.”
Crypto succeeds when it’s a more productive implementation of it’s competition. BTC/Gold are both financial religions. BTC is easy to trade/store/create with no delivery issues. BTC also enables transfer of value locally and globall
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