Billionaire Mark Cuban Pinpoints Five Fundamental Catalysts Driving Value Behind Crypto

Billionaire Mark Cuban Pinpoints Five Fundamental Catalysts Driving Value Behind Crypto


Dallas Mavericks owner and Shark Tank star Mark Cuban says that crypto assets offer tremendous value despite arguments to the contrary by naysayers.

In a tweetstorm, Cuban starts off by saying that Bitcoin (BTC) is a superior store of value compared to gold, which requires a ton of resources to transport and keep.

“Crypto succeeds when it’s a more productive implementation of its 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 globally. Gold is a hassle. Just look at Ft Knox.”

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With regard to the second-largest cryptocurrency by market cap, Cuban highlights Ethereum’s upside potential as its utility and ecosystem mature.

“ETH smart contracts are better, cheaper, faster at authenticating/buying/selling/delivering digital items than alternatives available. This makes it a viable currency and trading mechanism for all things digital. That’s powerful and will grow as applications are added.”

According to Cuban, Ethereum smart contracts

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