Mark Cuban’s take on FTX, why he backs BTC and hopes its price drops further

December 26, 2022

By Suzuki Shillsalot

• Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, considers Bitcoin as a good investment

• Cuban doesn’t consider the FTX debacle as a crypto failure, but rather a case of corruption

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, believes in the power of Bitcoin [BTC] as an investment. The billionaire also expressed his desire of BTC falling further so he can buy some more.

In an episode of the Club Random podcast hosted by comedian Bill Maher, Cuban discussed both Bitcoin and gold. While Maher is anti-Bitcoin and believes in the value of gold, Cuban dismissed the idea of considering gold as an investment. He also went on to say that gold, like Bitcoin, is also a store of value.

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