Mark Cuban imagines a situation in which Bitcoin becomes a safe haven currency used as the worldwide standard for savings and settlement.
The entrepreneur and investor has a net worth of $5.4 billion as of 2024 and is no stranger to the world of digital assets.
According to the billionaire, increased support in Silicon Valley for former President Trump could signify a “Bitcoin play” from the Big Tech sector. Cuban explained that the United States’ geopolitical role has come under question and inflationary pressures may worsen with the introduction of future tax cuts already promised by the former president.) higher, Cuban said, before clarifying that he wasn't saying these things will happen, but they are not out of the realm of possibility.
Although the fundamentals of fiat-pegged stablecoins are the same as those of the underlying currencies they represent, dollar stablecoins would increase demand for the greenba, potentially mitigating a debt crisis.
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