Mark Cuban
👤 PersonAppearances Over Time
Podcast Appearances
One is store of value, which is really only Bitcoin.
And that's kind of like gold.
There's all kinds of narratives that say, well, if you hold gold when there's heavy inflation, the price of gold will go up.
Price of gold has gone down during all this inflation.
And so that's bullshit, but it's a narrative that gets people to buy.
And it's the same with Bitcoin.
There's only 21 million going to be made.
So if there's inflation, you don't have to worry about it.
That hasn't worked either.
But the reality is those store values are just about supply and demand.
If there's more people buying than selling, the price goes up.
If there's more people selling than buying, the price goes down.
Now, good news with both gold and Bitcoin is most people just hold them and wait it out.
That's one kind of crypto.
The other kind are just tokens and, you know, like Ethereum and... You guys use Dogecoin?
Dogecoin is just fun.
Dogecoin is like the on-ramp for crypto.
You can use it to buy stuff and everything.
You can go to the Mav store and buy tickets and buy whatever.
But, you know, there's...