Mark Cuban has boldly argued that Bitcoin, rather than gold, is the ideal asset to hold during economic uncertainty.
Cuban views Bitcoin as a more practical and efficient store of value, citing its portability and divisibility, in contrast to gold’s physical and cumbersome nature. While gold may maintain value in crises, it’s far less convenient—difficult to transport, divide, and easily stolen.
Bitcoin, on the other hand, is digital, lightweight, and can be broken into smaller units, making it far easier to use in daily transactions or international transfers. Cuban believes these qualities give Bitcoin a clear edge over gold as a functional currency for the modern world.
Though Bitcoin is volatile, Cuban isn’t deterred, emphasizing that its growing use and demand reflect its increasing value. He’s confident in Bitcoin’s potential, stating simply that he owns “a lot.” In contrast, Cuban doesn’t buy into the idea that gold is a reliable hedge against economic instability. While it may preserve value in some situations, he points out its inconsistent performance and the complications tied to owning physical gold.
Looking ahead, the U.S. economy is projected to grow modestly in 2025, with GDP expected to increase by 2% according to the Conference Board. Goldman Sachs forecasts slightly higher growth due to consumer spending and a steady job market, with unemployment staying low at 4.2%. However, inflation and market volatility remain concerns, and the Federal Reserve is unlikely to reduce interest rates anytime soon.
Oslo-based seabed-mining firm Green Minerals is shifting its treasury reserves from kroner and dollars into bitcoin, calling the move a hedge against inflation and geopolitical risk.
Global crypto funds just logged a tenth straight week of fresh capital, pulling in another $1.24 billion even as prices slid and geopolitics turned tense.
Investor and entrepreneur Anthony Pompliano is rolling his private outfit, ProCap BTC LLC, into blank-check firm Columbus Circle Capital to form ProCap Financial, a new Nasdaq-listed business built around Bitcoin.
The tech-turned-Bitcoin play Strategy (formerly MicroStrategy) has quietly scooped up another batch of BTC, its eleventh consecutive weekly buy, undeterred by the market’s slide below $100,000.