Mark Cuban says he’ll run for president if BTC hits $1M

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Mark Cuban says he’ll run for president if BTC hits $1M

Responding to a tweet from billionaire Chamath Palihapitiya, Mark Cuban stated he would run as a U.S. presidential candidate, beneath a particular



Responding to a tweet from billionaire Chamath Palihapitiya, Mark Cuban stated he would run as a U.S. presidential candidate, beneath a particular set of circumstances. 

“I am going to run if BTC will get to $1m AND we will get commitments to donate 350 BTC to the Treasury every of the four yrs in order that we can provide 1 satoshi to each citizen every yr, that they need to maintain for 10 years,” the Shark Tank star tweeted on Tuesday.

Cuban’s response got here after Palihapitiya stated the current political framework wants fixing, forecasting “a viable third political social gathering within the US by 2030.” Cuban subsequently questioned the entire idea of political events. In flip, Palihapitiya stated the U.S. would probably not want such events if Cuban runs for workplace.

Cuban has spoken about Bitcoin a number of occasions over the previous two years. A few of his most up-to-date feedback embrace a stance on the asset as “a retailer of worth like gold that’s extra faith than answer to any downside,” and that “regardless of how a lot BTC followers wish to fake that it’s a hedge towards doomsday eventualities, it isn’t.”

On the core, Cuban’s total view of Bitcoin will not be too far off from the trade’s outlook on the coin. Each Cuban and crypto trade gurus see the digital asset as a retailer of worth much like gold. Cuban has, nevertheless, beforehand referred to as for larger person simplicity for the asset, in addition to concerning a number of different factors over time. In distinction, crypto pundits see Bitcoin fixing a plethora of points, as a substitute of merely appearing as one other retailer of worth.