Mark Cuban on Gold vs. Bitcoin

“I hate gold. Gold is a religion,” Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an interview in 2018 that was republished in August 2019. “I do not see it as an alternative to currency.” Cuban said that while there may be some fundamental value to gold, “everything else is a collectible,” he said, adding that gold and bitcoin are the “same thing.” According to Cuban, both bitcoin and gold derive their value from supply and demand, but he sees one advantage of bitcoin over gold.