Billionaire Mark Cuban thinks bitcoin can ‘survive and thrive’
by Weston Blasi
Market Watch
Watching the cryptos trade, it’s EXACTLY like the internet stock bubble. EXACTLY. — Mark Cuban
Cryptocurrencies have been on a meteoric rise in recent months, as the market cap of bitcoin and other cryptos topped $1 trillion last week, according to CoinDesk.
Bitcoin, which has risen nearly 300% in the past 12 months, was mentioned by Cuban as an equity that could survive a potential bubble bursting among cryptocurrencies — similar to how companies like Amazon and EBay survived during the internet stock bubble.