Billionaire Mark Cuban, during a recent audio call on Twitter Spaces, bitcoin despite the reaction of the maximalists dogecoin He said he would continue to talk about it.
Cuban claims that Dogecoin is a “great entry” into the cryptocurrency space. Meme according to the “Shark Tank” server cryptocurrency currency, an inexpensive way to learn about crypto. Cuban notes that the barrier to entry is low, as someone has to open an account with Robinhood and purchase $25 worth of DOGE in the first place.
Now that Robinhood has launched its own wallets, Cuban says Dogecoin supporters can easily spend their favorite meme coins on platforms like AMC.
At the end of his speech, Cuban once again praised the Dogecoin community for its frivolity:
“I think it’s a fun community to be in.”
Cuban’s meager Dogecoin holdings
Despite being a strong Dogecoin advocate, Cuban himself only has $1,500 worth of meme coins. Podcast publisher Preston Pysh also brought this up when Cuban criticized BTC, saying, “I heard he added $1,000 to his $500 Doge position.” made an inquiry. Cuban: “How many Bitcoins do you have? Did you say that publicly?” gave the answer. The discussions between the two continued for a while.
Mark’s bags are packed. I heard he added $1,000 bucks to his $500 Doge position.
— Preston Pysh (@PrestonPysh) October 16, 2021
Continuing the talk, Cuban continued his criticism of Bitcoin and described Bitcoin as the superior store of value, but he does not believe that the leading asset will succeed in the payments space (unlike Dogecoin).