Famous billionaire Mark Cuban continues to defend Dogecoin.
In an audio conversation on Twitter, the billionaire said that he will continue to talk about Dogecoin despite the backlash from Bitcoin maximalists.
Describing Dogecoin as a very good entry into the crypto space, Cuban said, “Dogecoin is a great entry into the crypto industry.”
The billionaire, who thinks that the opportunity to acquire crypto money in a cheap way will increase people’s interest in this sector, thinks that Dogecoin has done a good job in this regard.
“It’s easy for someone to open an account with Robinhood and buy $25 worth of Doge. Many barriers to entry are eliminated this way. Dogecoin holders can easily spend these doges in theaters like AMC. It’s also a fun community and it’s a pleasure to be a part of it.”
While billionaire Mark Cuban is a strong Dogecoin advocate, he doesn’t have many Dogecoins. Cuban, who allegedly owns $1500 worth of Dogecoin, continues his struggle with Bitcoin maximalists on social media.
Cuban, who had a discussion with Bitcoin advocate Preston Pysh about this issue, asked Pysh to explain how much Bitcoin he had, “if you do that, I will reveal how many Dogecoins I have.” said.
Criticizing Pysh’s lack of candor, Cuban said, “If this is revolutionary, if this is the future of commerce, if this is the future of our nation. Why do you hesitate to explain?” said.
Why you are not comfortable sharing ? If this is revolutionary. If this is the future of commerce. If this is the future of our nation. Why the hesitancy ?
— Mark Cuban (@mcuban) October 17, 2021
The increasing interest in meme coins and the shift of money to that space is troubling Bitcoin maximalists. It looks like we will be watching this struggle for a while as the interest in meme coins increases.
*Not Investment Advice.