Mark Cuban owns 30% ETH because it’s ‘closest to a true currency’

Cointelegraph

Published Apr 01, 2021 09:47PM ET

Updated Apr 01, 2021 11:20PM ET

Billionaire Mark Cuban believes Ethereum is the closest thing we have to being a true currency and views Bitcoin as a better alternative to gold.

The Shark Tank and Dallas Mavericks co-owner made the comments as a guest on a recent episode of the Delphi Podcast, where he noted that the growth of DeFi and NFTs had made him excited about crypto. He explained that “smart contracts and the fact that they're decentralized" means "there's no one in charge right there, the governance is completely different. That's what changed the game.”

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