Younger Democrat/Crypto Bro 2024

[shrike3]

10. Mark Cuban and Crypto

If he's right, it explains a lot of things

https://www.msn.com/en-us/money/markets/mark-cuban-says-silicon-valleys-bet-on-trump-is-a-bitcoin-play/ar-BB1qbmJb

Mark Cuban says he has a "contrary opinion" on why Silicon Valley's tech titans have decided to back former President Donald Trump.

"It's a Bitcoin play," the "Shark Tank" star wrote in an X post on Wednesday.

Cuban explained that the outpouring of support wasn't so much because they saw Trump as a "far stronger proponent of crypto."

"That's nice. But doesn't really impact the price of crypto. It makes it easier to operate a crypto business because of the inevitable, and required, changes at the SEC," Cuban wrote.

"What will drive the price of BTC is lower tax rates and tariffs, which if history is any guide (and it's not always), will be inflationary," he continued.