One of the few advantages of social distancing is that you now have all the time you need to listen to a podcast. Anthony Pompliano now makes a podcast almost every day, remotely. Yesterday, billionaire Mark Cuban was a guest to talk about the economy and bitcoin. Cuban is the owner of the professional basketball team Dallas Mavericks. He is also one of the sharks of the popular reality show Shark Tank.

About shares”In three years, in five years, the market will rise from where we are now. It will be better. But I still don’t think we’ve seen the bottom. So I switched to cash. Even if I’m wrong in the public markets, I think there will be companies that need capital in America 2.0. There’s gonna be great companies. And having access to cash will give me a chance to invest in them.”

About bitcoin”Bitcoin is not yet an alternative to gold as a store of your value. It’s a good idea, but it should be easier to use. There should be no friction in using bitcoin, and then bitcoin should become understandable to everyone.You also need to be able to spend bitcoins, if it’s about money transfer or whatever, you need to be able to spend it. At the moment, you are still too dependent on fiat. And as long as you need to convert bitcoin to fiat, we’re not there yet. But there are plenty of nice things about bitcoin, like the halving and the minus.

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