Cuban: blockchain technology is overvalued. Bitcoin has no intrinsic value

According to CoinGape, billionaire Mark Cuban, owner of the NBA's Dallas mavericks, said in a recent interview that he doesn't own cryptocurrency and doesn't like bitcoin, saying it has no intrinsic value.

When asked whether he preferred gold or bitcoin, Cuban declared: "I don't like either now because I've never been a big fan of gold." But Cuban believes there are specific use cases for blockchain technology, which does have intrinsic value but is not as high as the prices shown on cryptocurrency trading platforms.

Source:https://coingape.com/mark-cuban-reiterates-bitcoin-no-intrinsic-value

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