Billionaire entrepreneur and owner of the Dallas Mavericks Mark Cuban once again has come up with a strong endorsement for Bitcoin. While speaking of its value, he confidently stated, “I think it (BTC) has more value,” and made it crystal clear he’d choose Bitcoin over gold during an economic crisis.
That created a new, emergent view: Bitcoin as “digital gold,” or, differently said, the renewed version of this very old metal. Unlike gold-traditional refuge during turbulent times-Bitcoin boasts some extraordinary advantages: it is portable and divisible, and it can be transmitted across borders without storage and physical movement.
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Cuban’s optimism about Bitcoin is not new, though. During the year 2024, he expressed and doubled down on his support for both Bitcoin and Ethereum and strongly and very firmly made other investors aware and warned them off meme coins he called “a game of musical chairs.”
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With more investors looking for alternatives to traditional assets, Cuban’s endorsement points to a way where Bitcoin can reshape the future of finance. Because of its decentralized nature and growing adoption, Bitcoin is rapidly emerging as a cornerstone of a digital and resilient economy.