Billionaire businessperson Mark Cuban said in a post on Twitter that while Bitcoin and Ether were getting stronger, gold was "dead". "Gold is dead, Peter. Accept this," Cuban said in a reply to cryptocurrency strategist Peter Schiff.
Mark Cuban, the famous billionaire who owns the Dallas Mavericks from the NBA teams, said to the anti-cryptocurrency strategist Peter Schiff, "Gold is dead Peter, accept this," he shared on his Twitter account. While Bitcoin (BTC) and Ether (ETH) got stronger, gold "died", Cuban said in his statement.
Responding to the comment made by the famous strategist Peter Schiff, known for his anti-Bitcoin statements, Cuban said that gold will disappear and die as a store of value.
In this process, Schiff, who made a name for himself with his negative comments for Bitcoin, continues to make negative comments due to the constant record of the Bitcoin / Dollar parity. Interpreting Wall Street companies' buying Bitcoin as' stupid ', Cuban told Schiff, "Let me help you, Peter. Gold is at least as exaggerated as cryptocurrency. Do we really need a gold jewel?" he replied.
After the discussion, the billionaire businessperson shared the negative future of gold as follows:
'EVEN THE CRYPTO MONEY CAN BE LEFT'
"What we see today being built with crypto is only in the proof-of-concept phase. As technology improves, becomes cheaper and faster, there will be new applications, and even those applications will surpass what we know today as crypto," Cuban said in his statement.
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