Billionaire tech businessman and one of the Shark Tank show’s “shark investors,” Mark Cuban has recently sat down with Kitco News, an outlet specialized on covering news about precious metals, to talk about his opinions on investing in various assets, including Bitcoin and gold. When asked about what is the safest investment right now, Cuban didn’t say stocks, gold or Bitcoin (BTC). Instead, he argued that paying off your credit cards, student loans, or “whatever debt you have” is “probably the best investment” you can make. “The reason for that is whatever interest you have - it might be a …
Mark Cuban, billionaire tech investor and owner of the NBA team The Dallas Mavericks tweeted on Tuesday, Jan. 16 that starting next season, it will be possible to buy tickets to the team's games with Bitcoin. The Dallas Mavericks won’t be the first basketball team to start accepting Bitcoin as payment for tickets. The Sacramento Kings officially started accepting Bitcoin for promotional products as well as for tickets as far back as 2014. Cuban is a prominent figure in the cryptocurrency industry. He is famous for not only investing in a digital currency hedge fund and an ICO but also …
Leveraging the power of ICOs is a habit of brand-new startups, or even just projects - but the phenomenon is turning into something bigger. The ability of small groups - in fact anyone - to now issue a digital token and potentially make millions of dollars is a mixed blessing for the Blockchain industry. While the average entrepreneur now has more power than was imaginable even two years ago, ease of access to funds in a nascent industry has led to major concerns. Full-on ICOs, empty promises Well-known investment figures, both in Blockchain and beyond, have released formal warnings to …
A team of software developers supported by serial entrepreneur Mark Cuban has launched the digital currency Ethereum-based Mercury Protocol for the communication industry on Aug. 24. The protocol’s system is underpinned by the ERC20 token called the “Global Messaging Token” (GMT). According to Mercury Protocol lead Blockchain developer Preethi Kasireddy, the protocol uses the GMT token as a utility metric for communication platform participation. Concept of Mercury Protocol Based on the white paper released by the protocol’s developers, Mercury Protocol is designed as an alternative to centralized communication platforms that aims to ensure the privacy of its users. By using …