Mark Cuban Believes Blockchain is a Great Platform for Future Technology
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Mark Cuban Believes Blockchain is a Great Platform for Future Technology

THELOGICALINDIAN - Famous broker and billionaire Mark Cuban believes that Blockchain technology will be the capital belvedere for approaching technology

Investing in Bitcoin and ICOs

In a contempo interview with Bloomberg, accepted broker and the buyer of NBA’s Dallas Mavericks, Mark Cuban, accepted that he has invested in Bitcoin. Cuban additionally acclaimed that he acerb believes that Blockchain will be the belvedere aloft which approaching technology will be built.

This isn’t the aboriginal time that the billionaire has advised in about the cryptocurrency. In June 2017, Mark Cuban said that Bitcoin was in a accompaniment of “Bubble” and that its price would actual actual soon. In the Bloomberg account with Emily Chang, Mark Cuban stated:

Cuban declared that the amount of Bitcoin is alone based on the abstraction of appeal and supply. The American billionaire is additionally a huge fan of Initial Coin Offerings. He currently is acknowledging and advance in several badge sales like the one of the Unikrn, which has currently accustomed almost $30 million.

Bitcoin Has Room To Grow

In the interview, Mark Cuban seemed to disagree with the JP Morgan CEO, Jamie Dimon, who alleged Bitcoin a “fraud” and “tulip aberration 2.0”. According to assorted experts and analysts, Bitcoin and added agenda currencies are accepting a lot of abutment from institutional investors worldwide. Bitcoin is currently captivation the amount of $4352 and is boring ascent but several experts accept that the agenda bill has still allowance to grow.

What are your thoughts on Mark Cuban’s stance?  Do you anticipate that the amount of Bitcoin is based alone on appeal and supply? Let us apperceive in the comments below!

Images address of  CNBC, Pixabay