Billionaire entrepreneur and crypto advocate Mark Cuban said in an interview with CNBC that while Bitcoin is a new form of currency, many investors treat it like one of the oldest - gold. "People look at gold as a way to hedge against bad things happening in the economy and the country. And so you have a lot of Bitcoiners who look at it as a great store of value, and in a time when there's a flight to quality, Bitcoin could benefit. I think people look at it as a better version of gold, and I tend to agree with that," he explained. Mark Cuban's comments come as Bitcoin has been gaining popularity as a hedge against inflation and economic uncertainty. The price of Bitcoin has risen significantly in recent months, and some analysts believe that it could continue to rise in the future. However, it is important to remember that Bitcoin is a volatile asset, and its price can fluctuate significantly.