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Billionaire Investor Mark Cuban Fires Shots At Bitcoin
Summary: Billionaire investor Mark Cuban stated that Bitcoin's price action is just supply and demand play in response to a tweet asking him what his disagreement with Bitcoiners is. Cuban added he has no disagreement with Bitcoin advocates, but added that Bitcoin's volatility is simply supply and demand play just like any other tradeable asset. He ...
Billionaire investor Mark Cuban stated that Bitcoin's price action is just supply and demand play in response to a tweet asking him what his disagreement with Bitcoiners is.
Cuban added he has no disagreement with Bitcoin advocates, but added that Bitcoin's volatility is simply supply and demand play just like any other tradeable asset. He also wrote, "fundamentals is a word sellers use to attract buyers."
Popular Bitcoin advocate Pierre Rochard responded to Cuban with a list of what he believes to be Bitcoin fundamentals: freedom to receive Bitcoin, freedom to hold Bitcoin and freedom to send Bitcoin. Rochard continued that on all three fundamental freedoms Bitcoin surpasses any other asset in the world arguing that is why the cryptocurrency will continue to grow.
By Emily Mason
Tags: Bitcoin,Bitcoin Twitter,BTC,Crypto Twitter,Mark Cuban,Pierre Rochard
Link: Billionaire Investor Mark Cuban Fires Shots At Bitcoin [Copy]
