Billionaire investor Mark Cuban stated in an interview that he prefers Bitcoin over gold during economic downturns.
Billionaire investor Mark Cuban stated in an interview that he prefers Bitcoin over gold during economic downturns. He described gold as heavy, outdated, and difficult to divide, whereas Bitcoin is easily transferable, divisible, and can be traded at any time. Cuban said, “Bitcoin is a digital currency that can be used anywhere, anytime, and its value will increase in the long term as it gains more adoption among younger generations.” While acknowledging Bitcoin’s volatility, Cuban noted, “I own a lot of Bitcoin” and expressed his continued interest in buying and holding it.
Source: news.bitcoin.com
