Mark Cuban has become a hardcore cryptocurrency fan in recent months. He’s now come out to sing praises for Dogecoin, which has garnered the attention of several long-term crypto bulls such as Tesla and SpaceX mogul Elon Musk.
Mark Cuban Loves Dogecoin
The Dallas Mavericks – a basketball team co-owned by Cuban – announced last March that it would be accepting Dogecoin payments for tickets and related team merchandise, making it one of the first sports organizations to give crypto a thumbs up. It was also one of the first teams to accept bitcoin years before, so it should come as no surprise – given Cuban’s sudden bullish attitude towards crypto – that Doge would be added to the mix.
Cuban is working hard to push the Dogecoin agenda given that he is currently offering “special pricing” for anyone willing to take a chance and pay for Mavericks tickets with Doge. In a statement, Cuban said that Dogecoin is a fantastic “medium of exchange,” and that it is far more unique when compared with its altcoin cousins for this reason.
Ta ütles:
It’s a medium that can be used for the acquisition of goods and services. The community for Doge is the strongest when it comes to using it as a medium of exchange.
Dogecoin is one of the most interesting crypto cases out there given that it was never meant to be taken seriously. As a meme currency, Dogecoin was initially created as a joke, but ultimately became one of the largest and most popular digital currencies around. Just a few months ago, the currency climbed up the financial ladder to become the suuruselt neljas krüptovaluuta maailmas.
Last April, Cuban appeared on Ellen Show to talk about Dogecoin. He stated:
Ethereum is a digital version of currency, and then you got Dogecoin, which is just fun, but the weird part about it [is that] it went from being a cryptocurrency joke to now becoming something that’s becoming a digital currency.
By contrast, he also shared his views on bitcoin, claiming that while it probably could never work as a currency, it was a “digital version of gold” and thus worked as a hedge tool or as a strong means of keeping one’s wealth safe and sturdy during times of economic strife.
It’s a Fun Currency
Elon Musk, taking notice of Cuban’s words and praises towards Dogecoin, was quick to chime in with his two cents, later writing on Twitter:
I’ve been saying this for a while.
In the past, Cuban has stated that while he is bullish on Dogecoin, it is not the best investment. Nevertheless, he has had a lot of fun with it given that it has allowed him and his 11-year-old son to invest in something together. Aside from Doge, Cuban has also stated he owns Ethereum and bitcoin.
Source: https://www.livebitcoinnews.com/mark-cuban-dogecoin-is-a-great-medium-of-exchange/
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