Mark Cuban will Run for President if Bitcoin Reaches $ 1 Million
Mark Cuban, owner of the Dallas Mavericks of the Nba Team, said on Tuesday that if Bitcoin reaches $ 1 million he will run for president of the United States.
What Happened?
The "Shark Tank" investor was suggested to enter politics via Twitter.
Cuban also condemned the current system in a tweet, calling it "broken". The famous entrepreneur prophesied that there will be a third political party in the USA by 2030.
If we believe the predictions of "SPAC King" and President of Virgin Galactic (NYSE: SPCE) Chamath Palihapitiya, Mark Cuban could be ready to compete for the White House in 2024.
Palihapitiya had said on the last day of 2020 that he would buy the Hamptons and turn it into camps, farms and low-cost housing for children if BTC reaches $ 150,000.
Why does it matter?
Bitcoin was trading at $ 34,249, up about 19 percent at the time of writing in 2021. It reached an all-time high of $ 35,587.66 late Tuesday.
According to the predictions of JPMorgan analysts, if private sector investments in cryptocurrency match gold, Bitcoin will reach the level of 6,000 in the long run.
Despite high valuations of over $ 30,000 on Coinbase Pro, institutional investors reportedly continue to invest in cryptocurrency.
Bitcoin is trading at $ 37,476.11 at the time of sharing this post.
Source:
https://finance.yahoo.com/
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