Bitcoin Litecoin Keychains (Image: Flickr/BTC Keychain)

Cryptocurrencies and Blockchain Are Future

American tech billionaire investor and television personality Mark Cuban has recently claimed that he sees Bitcoin and its underlying Blockchain or distributed ledger technology (DLT) as the way of the future.

Bitcoin Litecoin Keychains (Image: Flickr/BTC Keychain)
Bitcoin Litecoin Keychains (Image: Flickr/BTC Keychain)

He also countered the various claims that the leading digital currency is not real and has no intrinsic value.

In an interview with Bloomberg, the renowned American businessman claimed that Bitcoin is just like the traditional stocks that investors can buy and sell.

“…it’s interesting because I think there are a lot of assets that have values based on just supply and demand. You know, most stocks, they don’t have any intrinsic value, no true ownership rights, no voting rights, you just have the ability to buy and sell those stocks. They’re like baseball cards and I think Bitcoin is the same thing…”

Read more: CoinTelegraph

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