RATE Group | Mark Cuban Owns Bitcoin But Prefers Bananas
86713
post-template-default,single,single-post,postid-86713,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Mark Cuban Owns Bitcoin But Prefers Bananas

Mark Cuban Owns Bitcoin But Prefers Bananas

In a recent appearance on Anthony Pompliano’s The Pomp Podcast, billionaire investor and owner of the NBA’s Dallas Mavericks, Mark Cuban, discussed his qualms with Bitcoin (BTC).

Despite arguing that Bitcoin is hampered by a lack of understanding among the general public and poor fungibility for goods without fiat conversion, Cuban offers that Bitcoin may find success if economic crises accelerate and “everything goes into the shitter.”

Mark Cuban is bearish on BTC until your grandma can use it

When asked what it would take to change his position of skepticism regarding Bitcoin, Cuban stated: “It would have to be so easy to use it’s a no brainer.”

“It’d have to be completely friction-free and understandable by everybody first, and then you can say it’s an alternative to gold as a store of value,” he added.

“You’re going to have to make it friction-free so grandma can do it, adding “the fact that we are arguing so much about it, and you have so many…

Source link