Billionaire Mark Cuban Says Bitcoin Has Advantage Over Gold

Billionaire entrepreneur Mark Cuban still has disdain for gold and Bitcoin. But in a newly-surfaced interview with Kitco, Cuban says Bitcoin’s fixed supply gives it an advantage over the prominent precious metal.

“I hate gold. Gold is a religion. There’s some fundamental value to gold, but it’s a collectible. I see gold and Bitcoin as being the same thing…

Their value is based off supply and demand. The good news about Bitcoin is there’s a finite supply that will ever be created. And the bad news about gold is they’ll keep on mining gold.”

Cuban has a rich history with the emerging crypto industry. He has invested in businesses that are built on crypto and blockchain. In December of 2017, he told Money he believes in the technology, but warned Bitcoin “could go to $15,000 or zero and maybe both on the same day.” Read More at DailyHODL...

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