Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he insulted gold investors, calling them “dumb as f***.”
Mark Cuban Prefers Bitcoin Over Gold
Shark Tank star and the billionaire owner of the NBA team Dallas Mavericks, Mark Cuban, shared his thoughts about bitcoin and gold in an episode of the “Club Random” podcast, hosted by comedian Bill Maher and scheduled to be aired Monday.
Maher said he is “very anti-bitcoin” and believes in the value of gold. Commenting on gold investing, the Dallas Mavericks owner опини:
If you have gold, you’re dumb as f***.
The podcast host proceeded to argue that gold “never goes away” and is “like a hedge against everything else.” Cuban replied:
Не, али то није заштита од било чега, зар не? Шта је то сачувана вредност, а ви не поседујете физичко злато, зар не? … Злато је сачувана вредност, као и биткоин.
“When you own gold, all you own is a digital transaction. You don’t own the gold bar,” Cuban detailed, emphasizing that investors do not actually possess the actual gold. “If everything went to hell in a handbasket and you had a gold bar, you know what would happen? Someone would beat the f*** out of you or kill you and take your gold bar,” the Shark Tank star warned.
Acknowledging Cuban’s criticism of gold, Maher clarified, “We’re not mostly in gold.” Cuban responded: “And that’s fine. I’m not mostly in bitcoin, right? It’s just something I own.” The Dallas Mavericks owner stressed: “But it’s a digital transaction and it’s a store of value … So, people perceive that there is a value associated with gold, and there’s value associated with bitcoin.”
While stating that bitcoin “is a good investment,” Cuban noted that he is “not telling people to buy” the cryptocurrency. The Shark Tank star added:
I want bitcoin to go down a lot further so I can buy some more.
Cuban believes in cryptocurrency’s potential despite the crypto winter and the collapse of crypto exchange FTX. He previously explained that the FTX fallout is not a failure in crypto. While admitting that he does not know all the details, he said former FTX CEO Sam Bankman-Fried (SBF) should be worried about иде у затвор веома дуго.
Meanwhile, Cuban’s Shark Tank co-star, Kevin O’Leary, aka Mr. Wonderful, has insisted that SBF is one of the best traders in the crypto space and he will врати га поново if he has another venture. O’Leary was a Портпарол for FTX when the crypto exchange filed for bankruptcy.
What do you think about Mark Cuban’s statements regarding bitcoin and gold? Let us know in the comments section below.
Кредити за слике: Схуттерстоцк, Пикабаи, Вики Цоммонс
Одрицање од одговорности: Овај чланак служи само у информативне сврхе. То није директна понуда или прикупљање понуда за куповину или продају, или препорука или потврда било ког производа, услуге или компаније. Битцоин.цом не пружа инвестиционе, пореске, правне или рачуноводствене савете. Ни компанија ни аутор нису директно или индиректно одговорни за било какву штету или губитак проузрокован или наводно проузрокован или повезан са употребом или ослањањем на било који садржај, робу или услуге поменуте у овом чланку.
Source: https://news.bitcoin.com/mark-cuban-bitcoin-is-a-good-investment-gold-investors-are-dumb/