• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
Bitcoin

Mark Cuban Chooses Bitcoin, Says ‘If You Have Gold, You’re Dumb As F*C*’

Christian Encila
by Christian Encila
2 years ago
·
Posted in Bitcoin, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The comparison between bitcoin and gold gets livelier.

Although the sudden collapse of cryptocurrency exchange FTX has left a very bad taste among many investors, Mark Cuban still has not given up on crypto.

In an apparent demonstration of his support for bitcoin, the billionaire also flung an expletive at gold speculators.

In an episode of the “Club Random” podcast hosted by comedian Bill Maher and set to air Monday, the owner of the NBA team Dallas Mavericks provided his thoughts on gold and bitcoin.

Related Reading: Royal Rumble: FTX Asks Court To Help In Fight Over $450 Million Robinhood Shares

Cuban stated that bitcoin is an excellent investment and wants the price to drop further so he may purchase more.

For his part, Maher said he is “very anti-Bitcoin” and has faith in the value of gold.

As of this writing, bitcoin is trading at $16,857, up 0.6% in the last seven days, data from Coingecko show. The world’s largest crypto in terms of market cap has lost more than 60% of its value this year.

Image: Kinesis Money

Do You Have Gold? Then, Cuban Says You Are …

Cuban, in response to Maher’s assertion that he believed in the value of the yellow metal, said:

“You know what? If you have gold, you’re dumb as f–k.” 

Since the beginning of the year, the values of other major cryptocurrencies have decreased significantly. The value of Ethereum and Cardano has plummeted by about 70% and 80%, respectively.

Cuban noted on Twitter last month that he has remained involved in crypto because he believes in smart contracts, one of the major underlying technologies that enable crypto transactions.

The podcast host then contended that gold is “a hedge against everything” and ““never goes away.”

To which Cuban replied:

“No, but it’s not a hedge against anything, right? What it is is the stored value and you don’t own the physical gold, do you… Gold is a stored value and so is Bitcoin.”

Cuban stated on Twitter last month that a token’s worth is determined by the things it may be used for and the utility of those applications for consumers.

Related Reading: FTX Disaster Shows Crypto Could Be A ‘Problem’ If Not Regulated, BOE Governor

Crypto total market cap at nearly $772 billion on the daily chart | Chart: TradingView.com

Bitcoin Vs. Gold: Market Cap

The market valuation of all cryptos has climbed from around $1 billion in 2013 to $1.15 trillion in November 2021, reflecting both the price growth from 2013 and the increase in total coins created.

As of today, total crypto market cap has dropped to $772 billion. Bitcoin’s market cap is at $323 billion, data from TradingView shows.

According to In Gold We Trust Report, gold’s market value climbed from approximately $8 trillion to approximately $12 trillion over the same time period.

Cuban has expressed numerous opinions on cryptocurrencies in the past and earlier disclosed that the FTX debacle is not indicative of crypto’s failure and that former FTX CEO Sam Bankman-Fried should be concerned about a lengthy prison sentence.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

6 hours ago
MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

5 hours ago
Bitcoin

Corporate Bitcoin Allocation Climbs As Companies Invest 22% Of Profits: Study

6 hours ago
$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

9 hours ago
Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year's End

Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year’s End

9 hours ago
crypto news

Global Crypto Adoption 2025: Chainalysis Reveals Which Countries Are Winning

11 hours ago

Premium Sponsors

Press Releases

  • miner

    ADA’s path to long-term success: Integrating with...

    2 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    5 hours ago
  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    7 hours ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    9 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    10 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.