Mark Cuban
Mark Cuban is the owner of the Dallas Mavericks. He is an investor on Shark Tank and he previously co-founded Broadcast.com.
Mark Cuban on Bitcoin
Bitcoin
Created by the pseudonymous Satoshi Nakamoto in 2009, Bitcoin is a peer-to-peer electronic cash system.
Bitcoin reviews by Mark Cuban
All Bitcoin reviews by expert Mark Cuban.
- 2019
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Mark Cuban on Bitcoin Owner of the Dallas Mavericks
Let me ask a question. Can a government or say their taxing entity, freeze or confiscate a bitcoin account? Can transactions be taxed and traced back to individuals to determine some form of gov initiated liability? Do you think [Bitcoin] is globally untraceable and "un-seizable"? ....
In your doomsday scenario, what will mass actuators do to the power, communications, connectivity needed to use crypto and manage the network ? Ignore it because they own Bitcoin? That's the disconnect. All networks and protocols are vulnerable at some level. No exceptions.
Full review2019-12-26
- 2017
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[Bitcoin is] a brilliant collectible that’s probably more like art than baseball cards, stamps, or coins, because there’s a finite amount that are going to be made. There’s 21.9 million Bitcoins that are going to be made.
And if enough people hold and don't sell, and enough people borrow to buy, just like we saw in the stock market, [the value will rise]. As much as a shared stock is ownership in a company, that's the all time lie. . . . [T]here's scarcity, and scarcity sells—and there's no greater defined scarcity than Bitcoin.
Full review2017-12-12