The reason Cuban gives is that Bitcoin has higher liquidity, is easily transferable, and can be traded instantly without relying on infrastructure or physical markets like gold. Additionally, he also emphasizes that Bitcoin has the ability to hedge against inflation, one of the characteristics that makes gold a safe-haven asset in the eyes of many.
However, this viewpoint is also controversial because Bitcoin is much more volatile than gold. Cuban, despite having a deep understanding of blockchain technology and cryptocurrency, still acknowledges that Bitcoin carries high risks, but he still believes that it can offer greater opportunities in the long run.
For people like Cuban, Bitcoin is not just an investment asset, but also part of a larger change in how we understand and use currency.
What about you, what do you choose between?
#bitcoin #BTC #MarkCuban
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