American tech billionaire investor, Mark Cuban, who is popular for his business reality show, Shark Tank, seems to be impressed with cryptocurrency and blockchain and has claimed that he sees them as the future.

cryptocurrency blockchain future

While giving an interview to Bloomberg, he said:

“…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…”

Cuban also confirmed his investment in Bitcoin.

“…I have bought some, bought it through an ETN based on a Swedish exchange because that gave me liquidity. I am also involved with ICOs, actually token sales, because I think Blockchain is a great platform for future applications…”

Initially, Mr. Cuban called Bitcoin a ‘bubble,’ but now his company has went ahead to invest in Initial Coin Offerings and other blockchain related projects.

ALSO READ | ICOs can be absolute scam, says Wikipedia founder