Mark Cuban, owner of the Dallas Mavericks professional basketball team, has said that he hates gold as an investment, and views Bitcoin (BTC) as fundamentally similar to gold.
Cuban delivered his remarks in an interview with Kitco News on Aug. 9. He did note that he views Bitcoin’s finite supply as a bonus to its investment value, saying: “They’re both collectibles. The value is based off supply and demand. And the good news about Bitcoin is there’s a finite supply that’ll ever be created.” However, Cuban did say that he sees gold and Bitcoin as “being the same thing,” and has a very low view of gold. Regarding his stance on the precious metal, Cuban emphasized that to convey his feelings on gold as an investment, he would have to say: “Hate with extreme prejudice is not enough. Hate with double-extreme prejudice with an ounce of hot sauce.” #bitcoinnews#cryptoworld#cryptomarket#cryptomeme#bitcoinasia#bitcoincharts#cryptocurrencies#monero#bitcointechnology#bitcoinsallday#cryptonews#crypto#blockchain#cryptocurrency#ethereum#binance#coinbase