Mark Cuban: "95% Of These Projects Will Be Wiped Out"

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"95% of These Projects Will Be Wiped Out" | Mark Cuban The bear market is among us and now is the time to separate the weak from the strong, according to Billionaire Mark Cuban. In a 1-hour interview with Bankless, the outspoken Dallas Mavericks owner stated that this bear market is a good thing, which is probably not what most people are thinking, as Bitcoin is down to around $20,000 and Ethereum is a shade above $1,000, at the time of recording. Cuban expressed that the reality is that cryptocurrency is a zero-sum game, and no matter how enthusiasts want to spin it, after all the dust settles with this bear market, there will be many losers and consolidations. Cuban has first-hand experience with boom and bust of a relatively new, unregulated industry and how it leads to consolidations, buyouts, and losers. Cuban made the vast majority of his fortune during the dot com boom when Yahoo! Purchased his broadcast.net for billions, essential making Cuban a billionaire overnight. Cuban is the first to say that he has been extremely lucky, but that doesn’t discount his experience and his valuable insight as to where the crypto market is going. ▬▬▬▬▬▬▬▬▬▬ THIS INTERVIEW WAS POSTED ON JUNE 22, 2022 Listen to the full unedited interview here ⬇ [Credits] 🙏 124 - Is Mark Cuban Buying the Bear? https://www.youtube.com/watch?v=QlTCftAm6cs ▬▬▬▬▬▬▬▬▬▬ 🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound 🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use. ▬▬▬▬▬▬▬▬▬▬ FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. -This video has no negative impact on the original works (It would actually be positive for them) -This video is also for teaching and inspirational purposes. -It is not transformative in nature. -We've only used bits and pieces of videos to get the point across where necessary.
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