Billionaire Mark Cuban continues to believe in Bitcoin, but he wants to buy it at much lower prices
In an upcoming episode of comedian Bill Maher’s podcast, “Club Random,” Dallas Mavericks owner Mark Cuban expressed his interest in buying more bitcoin. That said, he commented that he wanted the largest cryptocurrency to “go much lower” before investing more, reports Fortune. The episode is set to release on Monday.
During his appearance, Cuban pushed back against Maher’s statement about gold being a hedge against inflation by saying, “You know what? If you have gold, you’re dumb as f–k.”
Cuban told Maher that he thinks bitcoin is a good investment, though he advised not to push people to buy the cryptocurrency.
As reported by U.Today, the billionaire recently told TMZ that it was important to separate signal from noise in the wake of the recent FTX crash.
Cuban has repeatedly stated that bitcoin should be treated as an alternative to gold and used like any other asset class.
The largest cryptocurrency is currently changing hands slightly below the $17,000.
