Despite massive levels of volatility in the cryptocurrency market resulting in a decline in Bitcoin prices — briefly dropping below $30,000 in recent days — billionaire Mark Cuban has come to the coin’s defense, describing it as “better than gold.”
“BTC is digital gold. It wins that use case,” Cuban tweeted on June 21. “Every other platform from Eth to you name it will win or lose based on their user base. Over time, as happened with tech stocks, people will understand the valuation metrics of networks/platforms and invest based them.”
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