April 20, 2024

Millionaire Mark Cuban rejected criticism of the cryptocurrency

The host of the television show "Shark Tank" criticized former SEC attorney John Reed Stark as "absolutely ignorant of cryptocurrencies."Kuban said that the cryptocurrency will continue to have a positive impact on business to a greater extent than the regulator.

Payne Stark stated that neither bitcoin nor any other cryptocurrency has any benefits:

«Volatility is incredible, and also (thatMany people miss) Bitcoin or any other cryptocurrency does not bring any benefit. The only reason people own it is the hope of growth that other people's purchases will provide.

The speed with which the billionaire has transformed from a skeptic into a defender of a cryptocurrency is hitting. Back in December, he affirmed that banans are more useful than bitcoins, because there are potassium in them.

Now he sees many options for using a cryptocurrency:

«Money transfer.Origin of digital files. Effective marketplace for digital content. Personal banking. Forecast markets. Unfractionated banking. Structured financial products. Fractionation of assets. Game rewards».

The XRP army has also been spotted in the battle with the regulator due to the SEC's prosecution against Ripple.

A large community for everything to fightwith the Commission on Securities and Birzh - from submission of tweets with perturbed comments to holding a special offer near its stock-quarter in Washington.

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