RATE Group | Mark Cuban says there’s ‘no chance’ bitcoin can become a reliable currency | Currency Ne…
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Mark Cuban says there’s ‘no chance’ bitcoin can become a reliable currency | Currency Ne…

Mark Cuban says there’s ‘no chance’ bitcoin can become a reliable currency | Currency Ne…

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Mark CubanGetty/Michael Kovac

  • Mark Cuban says there’s “no chance” that bitcoin can become a reliable currency.
  • The most popular cryptocurrency is “too difficult to use, too easy to hack, way too easy to lose, too hard to understand, too hard to assess a value,” the Shark Tank star and billionaire owner of the Dallas Mavericks said in an email to Forbes.
  • Cuban added that given the raft of rival cryptocurrencies available, it’s “too much work for people to know why BTC over everything else.”
  • View Business Insider’s homepage for more stories.

Mark Cuban says there’s “no chance” that bitcoin can become a reliable currency.

“Not because it can’t work technically,” the Shark Tank star and owner of the Dallas Mavericks said in an email to Forbes. “But rather because it’s too difficult to use, too easy to hack, way too easy to lose, too hard to understand, too hard to assess a value.”

Given the raft of rival cryptocurrencies available, Cuban said, it’s also “too much work for people to know why…

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