Mark Cuban Comes To The Defense Of Dogecoin And Targets Bitcoin As Performance Over Past Year Questioned – Dogecoin – United States Dollar ($DOGE)

Owner of the Dallas Mavericks Mark Cuban he have He defended his comments about him Dogecoin (CRYPTO: DOGE) More convenient for payments from Bitcoin (CRYPTO: BTC) He said the major cryptocurrency will never be a hedge against inflation.

What happened: Cuban, a big supporter of such Dogecoin Tesla Corporation (NASDAQ: TSLA) Chief Executive Officer Elon Musk, made the comments on Twitter while responding to a tweet by the entrepreneur and podcaster Preston Beach.

He noted that Dogecoin is good for spending and better than a lottery ticket, highlighting its performance over the past 12 months.

Dogecoin co-founder Billy Marcus, who uses the username Shibitoshi Nakamoto On Twitter, he came to Cuban’s defense. He said it’s annoying when keyboard warriors twist people’s words.

See also: How to buy Dogecoin

why does it matter: Cuban has also previously argued that people are more likely to use Dogecoin for purchases than other cryptocurrencies such as Bitcoin and Ethereum that have high valuations.

The Dallas Mavericks became one of the first entities to begin accepting Dogecoin for purchase of tickets and merchandise in March of last year and a host of other companies – including AMC Entertainment Holdings, Inc. (NYSE: AMC) – It followed suit.

However, Cubans showed mixed feelings towards Bitcoin.

Popular investor “Shark Tank” said in 2019 that it was easier to trade bananas than Bitcoin, but later softened his stance by saying that Bitcoin is easier to trade, store, and create compared to gold.

price movement: Bitcoin is up 1.1% in the past 24 hours, trading at $42,653.50 at press time, while Bitcoin is up 4.4% at $0.1527.

Now Read: This Fake Coin Is Up Over 1,400% Today, Outperforming Dogecoin and Shiba Inu

Photo: Courtesy of Gage Skidmore via Wikimedia