TipRanks
2022-06-01 09:44:56

Mark Cuban Tweets his Conviction in Crypto & All Things DeFi!

American billionaire entrepreneur Mark Cuban shared his thoughts about the evolution of blockchain and crypto in a healthy discussion over Twitter (TWTR). The Shark Tank investor has made a fortune by investing in technology companies. Cuban compared the current decentralized finance (DeFi) craze with the decades-old frenzy revolving around the internet. He quoted, “I'm old enough to remember when "sophisticated" investors invested in internet sites based on "hits". A "hit" is the display of any file. So, sites loaded up tiny, invisible files and bragged about how many hits they got. People dismissed the net just like they are crypto.” The mainstay of discussion remained around the usability of crypto.

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