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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Here's Why Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis

Mark Cuban apparently holds "a lot" of Bitcoins. (Credit: Gage Skidmore/Flickr.com)

In a recent interview with Wired, billionaire entrepreneur Mark Cuban highlighted that investors are beginning to view Bitcoin the same way as gold in terms of "store of value."

Gold is a time-tested tangible asset that has surged in value during the major recessions of the past half-century. Its universal demand, global acceptance, high exchangeability, and limited supply are among the factors contributing to the precious metal's intrinsic capital appreciation over time.

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