It's ironic that Mark Cuban now supports bitcoin against Elon Musk, never thought I'd see the day...
The world has changed a lot in the last 6 months.
We've had Elon poking around crypto for years now so for him to take a position in bitcoin, it really wasn't that shocking.
However, Mark Cuban has poked around crypto in mostly a different fashion until recently.
I remember hearing him compare bitcoin to beanie babies an a banana stand a few years ago, saying that he's rather have the banana stand than bitcoin because then least he'd have a real asset.
Well, the times sure have changed...
Check out the latest here from him:
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He took to Twitter to very clearly point out that bitcoin is better for the planet than the current most popular store of value.
If Elon thinks bitcoin is bad for the planet, he should really look into what gold mining does to the planet, and diamond mining and heck, even his precious lithium mining.
It's all ridiculously destructive.
That's one of the reasons that Elon's comments were so odd.
Bitcoin is better than the alternatives and it's getting better all the time.
Interestingly enough, like I posted earlier, Elon may end up helping propel bitcoin into a greener future.
He won't replace bitcoin but he may end up helping usher in better and cleaner mining practices which would actually be good for the planet.
Either way, it's ironic that the ones banana stand advocate now not only chooses bitcoin, but fights for it publicly.
Bitcoin eventually comes for us all.
LOL and every one thinks Elon "The Douche" is the genius.