Mark Cuban, in an interview with Fox Business, noted that he has great faith in the future of crypto.
Cuban says the future of crypto is bright, but acknowledges that not every asset can make it:
“You should look at investing in crypto the same way you would invest in anything. Do you think it has value for consumers or businesses to use? If the answer is yes you invest, if no you don’t
As in the early days of internet stocks, crypto has a similar challenge. And that’s separating the signal from the noise. In 1995, when all internet companies went public with just one website, people were excited to be there. Then they invested in something. You see the same in crypto.
But the truth is that if you find a crypto that truly delivers utility and value as it is now, that’s the place to invest and that’s what we’re looking for”
dot-com bubble, 1990’s It was an economic event in the past years when venture capitalists and retail investors poured funds into burgeoning internet companies before many of them went bust in the early 2000s.
Cuban announced last week that it has invested heavily in Ethereum (ETH) and Polygon (MATIC).
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