<br><div><!----> <!----> <div class="featured featured-video video-ct"><div class="contain"> <div class="info"><div class="caption"> <p>Investor and Dallas Mavericks proprietor Mark Cuban argues 'individuals will come again to the markets' despite the fact that there's 'a lull now.' </p></div></div></div></div> <p>Billionaire Mark Cuban provided his ideas on <a target="_blank" href="https://www.foxbusiness.com/markets" rel="noopener">gold and bitcoin</a> in a podcast episode. </p> <p>Cuban’s made the feedback throughout a wide-ranging look on an upcoming episode of comic Invoice Maher’s "Membership Random" podcast. The episode is slated to be launched Monday.</p><p>The Dallas Mavericks proprietor mentioned he "need[ed] <a target="_blank" href="https://www.foxbusiness.com/category/cryptocurrency" rel="noopener">bitcoin to go down</a> lots additional" so he "can purchase some extra."</p> <div class="inline image-ct"><div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/343/192/Cuban.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/686/384/Cuban.jpg?ve=1&tl=1 2x"> <source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/672/378/Cuban.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/1344/756/Cuban.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/931/523/Cuban.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/1862/1046/Cuban.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/720/405/Cuban.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/1440/810/Cuban.jpg?ve=1&tl=1 2x"> <img src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2021/12/931/523/Cuban.jpg?ve=1&tl=1" alt="Mark Cuban"/></source></source></source></source></picture></div> <div class="caption"><p><span>Mark Cuban visits "Cavuto: Coast To Coast" hosted by Neil Cavuto at Fox Enterprise Community Studios on Sept. 30, 2019 in New York Metropolis. (Picture by Steven Ferdman/Getty Pictures)</span><span> (Picture by Steven Ferdman/Getty Pictures / Getty Pictures)</span></p></div></div><p><a target="_blank" href="https://www.foxbusiness.com/markets/mark-cuban-crypto-amid-ftx-implosion-separate-signal-from-noise" rel="noopener"><strong>MARK CUBAN ON CRYPTO AMID FTX IMPLOSION: ‘SEPARATE THE SIGNAL FROM THE NOISE’</strong></a></p> <p>Yr-to-date, the costs of some well-liked cryptocurrencies have dropped considerably. Bitcoin is presently down 65%, whereas ethereum and Cardano have fallen over 69% and 80%, respectively.</p><p>In response to Maher saying he has <a target="_blank" href="https://www.foxbusiness.com/category/commodities" rel="noopener">invested in gold</a>, Cuban mentioned, " what? If in case you have gold, you’re dumb as f--k." He additionally appeared to push again towards the concept that investing in it was a "hedge towards something."</p><p>"Gold is a retailer of worth, and so is <a target="_blank" href="https://www.foxbusiness.com/category/bitcoin" rel="noopener">bitcoin</a>," Cuban informed Maher.</p><div class="inline image-ct"><div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/343/192/crypto-tornado-cash.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/686/384/crypto-tornado-cash.jpg?ve=1&tl=1 2x"> <source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/672/378/crypto-tornado-cash.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/1344/756/crypto-tornado-cash.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/931/523/crypto-tornado-cash.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/1862/1046/crypto-tornado-cash.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/720/405/crypto-tornado-cash.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/1440/810/crypto-tornado-cash.jpg?ve=1&tl=1 2x"> <img src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/08/931/523/crypto-tornado-cash.jpg?ve=1&tl=1" alt="Crypto coins"/></source></source></source></source></picture></div> <div class="caption"><p><span>Cryptocurrency mixing platform, Twister Money, has been hit with US sanctions over allegations of cash laundering. Cryptocurrency illustration image taken on Jan. 24, 2022.</span><span> (REUTERS/Dado Ruvic/Illustration / Reuters)</span></p></div></div><p>He later went on to say, "Whenever you personal gold, all you personal is a digital transaction." Maher mentioned that was the rationale "we’re not principally in gold," prompting Cuban to reply, "And that’s effective. I’m not principally in bitcoin, proper? It’s simply one thing I personal."</p><p>"However it’s a digital transaction and it’s a retailer of worth – that’s the time period for it, a retailer of worth," the billionaire investor continued. "So, individuals understand that there's a worth related to gold and there’s worth related to bitcoin."</p><p>He additionally mentioned he thinks bitcoin "is an effective funding," although he did add he’s "not telling individuals to purchase" the cryptocurrency.</p><p><a target="_blank" href="https://www.foxbusiness.com/business-leaders/billionaire-entrepreneur-mark-cuban-explains-the-different-utilities-of-crypto" rel="noopener"><strong>BILLIONAIRE ENTREPRENEUR MARK CUBAN EXPLAINS THE ‘DIFFERENT TYPES OF UTILITY’ ASSOCIATED WITH CRYPTO</strong></a></p><p>Cuban has weighed in on cryptocurrency a number of instances prior to now, together with in February when he appeared on "<a target="_blank" href="https://www.foxbusiness.com/shows/cavuto-coast-to-coast" rel="noopener">Cavuto: Coast to Coast</a>" and in November whereas speaking to TMZ Sports activities.</p><p>He mentioned utilities related to crypto on the present, saying bitcoin "is like an alternative choice to gold" and "a retailer of worth." Folks ought to strategy investing in crypto like some other asset class, enthusiastic about "worth proposition" and progress alternatives, he mentioned. </p><div class="inline image-ct"><div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/343/192/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/686/384/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1 2x"> <source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/672/378/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/1344/756/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/931/523/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/1862/1046/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1 2x"> <source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/720/405/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/1440/810/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1 2x"> <img src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/931/523/MARK-CUBAN-MAVERICKS-JAN-2022.jpg?ve=1&tl=1"/></source></source></source></source></picture></div> <div class="caption"><p><span>Dallas Mavericks workforce proprietor Mark Cuban wears a shirt honoring former participant Dirk Nowitzki.</span><span> (Tom Pennington/Getty Pictures / Getty Pictures)</span></p></div></div><p>Final month, amid the <a target="_blank" href="https://www.foxbusiness.com/markets/judge-allows-ftx-founder-sam-bankman-friedreleased-250m-bond-parents-palo-alto-home" rel="noopener">ongoing FTX scandal</a>, Cuban indicated to TMZ Sports activities that he continued to consider in cryptocurrency.</p><p>"Simply separate the sign from the noise," Cuban mentioned to the outlet. "I imply, there’s simply been lots of people making lots of errors, however it doesn’t change the underlying worth and functions of it."</p><p><a target="_blank" href="https://www.foxbusiness.com/" rel="noopener"><strong>CLICK HERE TO READ MORE ON FOX BUSINESS</strong></a></p><p><i>Talia Kaplan contributed to this report</i></p></div>
Mark Cuban weighs in on gold and bitcoin, says both 'a store of value'
Investor and Dallas Mavericks proprietor Mark Cuban argues 'individuals will come again to the markets' despite the fact that there's 'a lull now.' Billionaire Mark Cuban provided his ideas on gold and bitcoin in a podcast episode. Cuban’s made the feedback throughout a wide-ranging look on an upcoming episode of comic Invoice Maher’s "Membership Random" podcast. The episode is slated to be launched Monday.The Dallas Mavericks proprietor mentioned he "need[ed] bitcoin to go down lots additional" so he "can purchase some extra." Mark Cuban visits "Cavuto: Coast To Coast" hosted by Neil Cavuto a