Mark Cuban, the owner and dollar billionaire of the Dallas Mavericks from the NBA teams, explained why he bought Ethereum. He made promising statements about the future of Ethereum.
It has long been known that Mark Cuban, the billionaire owner of NBA teams Dallas Mavericks, is closely interested in cryptocurrencies. Mark Cuban, one of the richest people in the world with a fortune of $ 4.4 billion, made important statements about the crypto money market.
Noting that he sees crypto coins as the evolution of the internet, Cuban did not neglect to mention the reasons for the rise recorded in both Bitcoin and Ethereum. Stating that Bitcoin continues to steal a share of gold, Cuban continued as follows:
“First, in 2012, when people told me about Bitcoin as a currency, I thought it wouldn’t work. But then I started to think that Bitcoin is better than gold. Mathematically, the price of Bitcoin will rise due to limited supply.”
The billionaire businessman stated that the most exciting part of crypto coins is their decentralized structure, so crypto coins excite him. Mark Cuban stated that 60% of the cryptocurrency portfolio is currently in BTC, 30% in ETH and 10% in other cryptocurrencies, and regretted that he had not started investing in cryptocurrencies before.
“I started buying Ethereum 4 years ago. I wish I had started before. Ethereum is the most similar cryptocurrency to real money.” said.