Shark Tank’s Mark Cuban on Bitcoin

In a recent interview, American billionaire entrepreneur and investor Mark Cuban spoke about the future of Bitcoin as a means of payment and a store of value.

This interview was with Anthony Pompliano (“Pomp”), and it was released as episode #268 of “The Pomp Podcast”.

What he said about Bitcoin

“It’d have to be so easy to use, it’s a no-brainer. It’d have to be completely friction-free and understandable by everybody first. Then you can say it’s an alternative to gold as a store of value…

“In terms of being a way to transact, whether it’s just transfer of funds or whatever, you’ve got to be able to spend it.

“Right now, you still have to convert it for anything you want, and as long as you have to convert it you’re still dependent on fiat…

“There’s so many peculiarities to Bitcoin: the halving, the mining.

“The fact that blockchain is a great opportunity, but in reality we haven’t seen blockchain applications take off, and there’s uncertainty with all the different types of cryptos and the arguments with all the different types of cryptos.

“These are things that create more and more confusion and diminish the confidence.

“I get all the arguments, I’ve seen all the charts. I understand the potential problems with fiat.

“But to Bitcoin’s potential benefit – if everything goes into the shitter because we’re printing so much money and there’s global implications, Bitcoin has got something to deal with and something to say. And if we don’t, Bitcoin ain’t got nothing.”

So Mark Cuban is not down with Bitcoin yet! but i wonder if he secretly owns some BTC!