Once invested in cryptocurrencies, billionaire Mark Cuban is now adamant: ‘I’d rather eat bananas than at least they are more useful than bitcoin’.

Tram Ho

The famous investor of Shark Tank, Mark Cuban is a straightforward person and always expresses his views clearly, especially when it comes to cryptocurrencies. In a YouTube Q&A session with Wired on September 27, the billionaire himself said: “I’d rather eat bananas than invest in bitcoin.”

Từng một thời đầu tư vào tiền ảo, giờ đây tỷ phú Mark Cuban lại kiên quyết: Tôi thà ăn chuối còn hơn vì ít nhất chúng còn có ích hơn bitcoin - Ảnh 1.

To answer the question of why he dislikes cryptocurrencies, Cuban compared bitcoin to baseball cards, comics and artwork – which have almost no “intrinsic value”. He even says you can do more with a baseball card than with bitcoin.

The billionaire continued: “Crypto is very complicated for 99% of the population. Can you print it out? Do you know how to prevent it from being hacked and who will guarantee it for you?”.

Từng một thời đầu tư vào tiền ảo, giờ đây tỷ phú Mark Cuban lại kiên quyết: Tôi thà ăn chuối còn hơn vì ít nhất chúng còn có ích hơn bitcoin - Ảnh 2.

Mark Cuban appreciates bananas higher than bitcoin.

According to “sharks,” he does not cheat cryptocurrencies but he thinks that people should be careful with them. To explain, he compared gold: “Gold is a religion. People who really like gold will tell you that your depression or stress will disappear if you own gold. Absolutely not”.

Not long ago, Cuban warned of the pitfalls of cryptocurrencies. In July, he criticized Facebook’s plans to launch Libra virtual currency in an interview with CNBC. “I do not support what they are doing. It is a big mistake,” he said. Cuban then explained its impact on the global market: “I think on a global scale, in countries where there is no monetary stability or clear regulation, virtual currencies can become into a threat “.

On October 4, the world’s leading electronic payment company PayPal announced it was withdrawing from the Libra oversight coalition. This can be considered a big loss for Facebook and most likely it will threaten the future of this project, which is under pressure from many parties.

According to Facebook, through Libra, consumers’ access to financial services will be significantly improved. But since Libra was announced, the project has faced fierce opposition from regulators around the world due to concerns about compromising user privacy and the possibility that it could be used to terrorist financing. Perhaps that is one of the reasons why partners are afraid and temporarily suspend their intention to support Libra.

Back in the story of Cuban, in the past, he invested in many businesses built on cryptocurrencies and blockchain including an esports betting platform and a venture capital fund. for cryptocurrencies. In October 2017, the billionaire revealed to Bloomberg that he had personally purchased bitcoin.

He once said: “If you are a true explorer, you can use 10% of your savings to invest in bitcoin. But in doing so, you must determine that you have lost almost all of it. that money”.

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Source : Trí Thức Trẻ/CNBC